I am happy to be patient with a company that appears to be making progress, even if the share price doesnt reflect it. However I feel there has been no progress with CLQ. There has been delays, excuses and silence.
I can understand that CLQ has a great resource, and EV is the way forward, but that is no guarantee a deal will be done, and especially in the short term of the next 12 - 18 months.
At the moment this stock is pure speculation.
It one day might be a multi bagger, but if the share price has been eroded by 80% a multi bagger is still just brake even.
As ive said before, I will probably buy back in, in the future. My guess is in 18months at 7 - 8c range.
I am happy to be patient with a company that appears to be...
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Last
43.5¢ |
Change
-0.005(1.14%) |
Mkt cap ! $39.24M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.0¢ | 41.5¢ | $8.351K | 19.77K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2946 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 2500 | 1 |
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| Last trade - 16.10pm 20/09/2024 (20 minute delay) ? |
| SRL (ASX) Chart |