At the end of the day we are in an impatient market (somewhat understandably) awaiting drill results. The results are probably unlikely to be company-defining as many hope, but they will continue to hone in on the important targets that will hopefully become a functional mine in the future or lead to either a JV or sale of tenements.
Again, patience is key, and it is lacking. I know that I am bleeding paper value each day as CNB stagnates and lowers in price, but I am still confident (and probably deluded) that the results will.eventually come and satisfy a MC of at least 80M for CNB (or close to 70c per share), it is just a matter of waiting 2, 4, 6, or 12 months - which for me is not a problem. Again, back the fundamentals and not the frustrated sentiment.
At the end of the day we are in an impatient market (somewhat...
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Last
36.5¢ |
Change
-0.020(5.19%) |
Mkt cap ! $62.75M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.0¢ | 36.5¢ | $56.54K | 153.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 16756 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 24697 | 3 |
View Market Depth
| Last trade - 15.42pm 15/11/2024 (20 minute delay) ? |
| CNB (ASX) Chart |