Todays close I reckon will be in mid $0.70's. Will fluctuate day-to-day depending upon probabilities of CAZ having decision reversed. Given the publicity I think the minister will admit to getting it wrong and finding in CAZ's favour. No doubt RIO will appeal (to whom I don't know).
The odds are very interesting of success & failure as are the losses and rewards.
If CAZ eventually lose then on todays market potential loss of 48c/share (66% loss). If they get the prize then a $4.00 gain (450% gain).
A punt I reckon worth the while. Thus I reckon over the next 2-months to see fluctuations between 70c and $1.00.
Todays close I reckon will be in mid $0.70's. Will fluctuate...
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Last
1.7¢ |
Change
-0.002(10.5%) |
Mkt cap ! $7.842M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.9¢ | 1.6¢ | $108.2K | 6.447M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 456999 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 400000 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CAZ (ASX) Chart |