i have a feeling of dejavu. The number of times in the past month that cnb has been stripped of loose supply and ended up like a sprung coil... then a good result drops and we charge on to new highs. It feels to me like that's where we are at again. Likely to be in the 1.70s shortly with either a cap raise to propel us forward (likely as the demand will massively outstrip the available raise), or a result/visual/IP from all of the work being done now will do it.
I will also say it again... the confidence to not have done a raise by now is amazing. I called it at 1.40 as almost certain as i couldnt fathom they would be game to not take advantage of such an amazing share rise. Well they were... and that to me just says they know this is huge and have no doubt the SP will keep going. Every other company rushes to grab money when a price moves. These guys seem to have no concerns slow playing a raise. It is obvious to me that this, plus the massively obvious accumulation at play on market, means we are in for some very, very good times in the near term.
- Forums
- ASX - By Stock
- Charts & Broker Data
i have a feeling of dejavu. The number of times in the past...
-
- There are more pages in this discussion • 1,199 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
Add CNB (ASX) to my watchlist
(20min delay)
|
|||||
Last
39.5¢ |
Change
-0.020(4.82%) |
Mkt cap ! $67.91M |
Open | High | Low | Value | Volume |
41.0¢ | 41.0¢ | 38.5¢ | $88.59K | 224.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2200 | 39.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.5¢ | 1355 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2200 | 0.390 |
1 | 10000 | 0.385 |
6 | 39600 | 0.380 |
1 | 1000 | 0.370 |
2 | 2269 | 0.365 |
Price($) | Vol. | No. |
---|---|---|
0.395 | 1355 | 1 |
0.400 | 97080 | 1 |
0.415 | 2125 | 2 |
0.420 | 7945 | 1 |
0.425 | 1927 | 1 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
CNB (ASX) Chart |