CNQ 0.00% 29.0¢ clean teq water limited

That would be great. But I think that is too optimistic. I...

  1. 484 Posts.
    lightbulb Created with Sketch. 111
    That would be great. But I think that is too optimistic. I expect the following:

    • $5M placement
    • price per new share: 30c or slightly higher
    • retail investors will not be allowed to participate
    • company will be able to raise the complete requested amount
    • Mr. Friedland will increase his holding, but will stay under 20%
    • share price will drop to 29c-30c on high volume within next week

    If the company is able to raise the complete requested amount this will be a good sign. The CR might offer a very good opportunity to accumulate in my opinion. If the SP drops below 30c, I will definitely buy more shares.

    We will soon find out who is right. I cross fingers for you, since the outcome you expect is much better for us.
 
watchlist Created with Sketch. Add CNQ (ASX) to my watchlist
(20min delay)
Last
29.0¢
Change
0.000(0.00%)
Mkt cap ! $20.03M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 10000 28.5¢
 

Sellers (Offers)

Price($) Vol. No.
29.0¢ 52749 2
View Market Depth
Last trade - 12.23pm 08/05/2024 (20 minute delay) ?
CNQ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.