I'm pretty sure when the market closed today (Thursday) there was a big sell order of about 570,000 at 12c (1 seller). Tonight it isnt there anymore. My question is - who can pull orders after the close? I thought they all go through the following morning. (Maybe i didnt quite get the exact close but i'm sure it was around 4:15pm when i looked.) It'll be interesting to see if the order comes back tomorrow.
Also, does anyone else find it slightly disconcerting that the Binningup desal plant builder has been announced, the preliminary design has also been released, but we haven't had any strength in the CNM SP whatsoever? Surely insiders must know by now whether CNM will get an energy contract, wouldnt they?
And what about the WA grant? We really are getting to the business end of when that should be announced and no-one seems to be encouraged to buy in because of that either. The volumes are pitifully low. Maybe the WA state govt is planning to give the money to geothermal explorers like everyone else does - talk about teachers pet!
Also if CNM want to pull a rabbit out of the hat, boost the SP and get the cheques rolling in for the share offer, they dont have long to do it. I really thought they'd have something up their sleeve, but maybe they dont. I have to admit i hope they dont (but only if we get a contract and big SP boost later in Dec so that we can raise money at a much higher price. If we miss out and have to raise money at a price even lower than 12.5c, I'll be one unhappy chap). The waiting is killing me.
CNM
carnegie corporation limited
I'm pretty sure when the market closed today (Thursday) there...
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