Australia's largest stock trading and investment forum Australia's #1 stock forum

CMY

Click for more information

0.00%

0.5¢ capital mining limited

Still dosn't explain why there is no ANN

First 111 Last

Share
Profile

Follow
percentage

49 Posts.

16/08/17

09:46

Post #: 26523255
Share

Originally posted by wubing ↑

Simple logic on 48 April 2017, a share placement to sophisticated players/ institutional investor at 1.5c a share for 200M shares. I guess at least part of these sophisticated players/ institutional investor would be smarter than you or many of us.
Why they jumped in at 1.5c a share? That is on expectation of a MM deal.
Meanwhile, it is clear that the MM sector is booming now. CAN now is already 4 times of its IPO price and with an equity value of well over $100M even without any revenue.
And now we got this MM deal, what would you guys expect?
GLTAH

Expand

Still dosn't explain why there is no ANN

CMY Price at posting: 0.5¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 2 more messages in this thread...

First 111 Last

Add CMY (ASX) to my watchlist