You are correct in your summary ...though remember they do have 100 mill cash ...no debt and land as farmland is worth @45 million .....it has challenges and unknowns which is why it has been so savagely sold down ...all that said you are right if it does have a viable commercial resource it will priced up accordingly ......it may test 75 cents >>> i could have jumped in too early ...Personally I think being so close to the state forest and environmental concerns it the biggest challenge
You are correct in your summary ...though remember they do have...
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Last
$1.10 |
Change
0.035(3.30%) |
Mkt cap ! $425.9M | |||
| Open | High | Low | Value | Volume |
| $1.06 | $1.10 | $1.05 | $1.453M | 1.343M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15322 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 26105 | 3 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| CHN (ASX) Chart |