CNB 5.04% 66.0¢ carnaby resources limited

CNB and why it is STILL undervalued!!, page-18

  1. 3,670 Posts.
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    @Immetoday

    FWIW - I see DEG has been "shorted" by 21.4m shares = 1.66% as at yesterday ..... now I don't have any DEG but find it very interesting and hope the shorters get burnt.

    DEG has 1.28Billion shares on issue so I guess it may be easier to short a stock with that many shares - they'd have no hope with CNB having just 117m shares on issue !!!

    Acquired some more CNB during the past 2 days ..... it will turn once we commence drilling again very shortly IMO.

    Whilst obviously I'd like to see the SP at a higher level the fundamentals haven't changed one iota, we are at the very beginning ..... all good with plenty of drilling ahead of us, 2021 will be a big year for CNB on numerous fronts......things can change very quickly.

    GLA




 
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