CAE 9.43% 5.8¢ cannindah resources limited

CAE Chart, page-140

  1. 63 Posts.
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    That's alright and have been bullish on Gold and Copper for a long time. Been a holder of EVN and decided to get involved with this. My valuation of the resources in the ground at MT Cannindah is around $900m. $700m for the Copper resources they currently know of. A 10% rise in Copper/Silver/Gold therefore increases the company value by $90m. Market currently values the company at $150m (roughly) so with increasing gold/copper/silver prices the valuation can move quite quickly. This is why Morning Star valued them 2 weeks ago at 54 cents but now has increased to 77c. I am not saying we will get to 77 cents but we should have seen a bigger move by now than we have with the price in the last 2 weeks.
 
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Last
5.8¢
Change
0.005(9.43%)
Mkt cap ! $33.52M
Open High Low Value Volume
5.3¢ 5.8¢ 5.0¢ $20.87K 390.1K

Buyers (Bids)

No. Vol. Price($)
1 100000 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 13843 1
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
CAE (ASX) Chart
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