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
CHN chart, page-6501
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Last
$1.42 |
Change
-0.060(4.05%) |
Mkt cap ! $552.3M | |||
| Open | High | Low | Value | Volume |
| $1.47 | $1.48 | $1.40 | $6.523M | 4.556M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6500 | $1.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.43 | 59780 | 2 |
View Market Depth
| Last trade - 16.10pm 12/06/2024 (20 minute delay) ? |
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Last
$1.42 |
Change
-0.060 ( 5.31 %) |
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| Open | High | Low | Volume | ||
| $1.45 | $1.48 | $1.40 | 740064 | ||
| Last updated 15.59pm 12/06/2024 ? | |||||
| CHN (ASX) Chart |