This current market takes no prisoners. My watchlist of around 40 companies has broadly taking a belting over the past 3 months. Some companies like CHN were a mid-cap stock, but now just qualify as a small-cap stock (200 million - 2 billion market cap). If it wasn't for the ASX20 propping up our ASX all ords we would be in a market crash. To me the ASX20 remaining bullish is a positive sign that all is not grim.
There is an enormous amount of money sitting on the sidelines waiting for economic green shoots. When this happens the fun will return to long suffering holders whom hold fundamentally strong companies. CHN still needs to prove they have a quality economic resource when they release the very much anticipated PFS.
In the meantime, let the drill bits spin us a heavenly tune
This current market takes no prisoners. My watchlist of around...
Add CHN (ASX) to my watchlist
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Last
$1.32 |
Change
0.130(11.0%) |
Mkt cap ! $511.4M | |||
| Open | High | Low | Value | Volume |
| $1.19 | $1.35 | $1.19 | $9.396M | 7.339M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5300 | $1.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.33 | 32293 | 3 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
$1.33 |
Change
0.130 ( 11.9 %) |
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| Open | High | Low | Volume | ||
| $1.20 | $1.35 | $1.20 | 1071385 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| CHN (ASX) Chart |