Agree with that analysis. Nothing goes up/down in a straight line and expectations must be managed accordingly. We just don't know how much demand there is for CNB. This could just be the beginning. More and more could start piling in, or not. I think people are starting to see the value and now positioning themselves before any drilling results are finalised. There are not a lot of shares on offer and seems like only some profit taking every now and then along the way. Realistically, I wouldn't be surprised one bit if we are sitting on a market cap of $100m before Christmas.
Agree with that analysis. Nothing goes up/down in a straight...
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Last
56.5¢ |
Change
-0.005(0.88%) |
Mkt cap ! $97.14M | |||
| Open | High | Low | Value | Volume |
| 57.0¢ | 57.5¢ | 55.0¢ | $235.3K | 416.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 999 | 56.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.5¢ | 9571 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| CNB (ASX) Chart |