I was wondering what the more technically minded folk out there think the fair value on CHN is given the current resource. We have a market cap of $1.58b - and the share price has had a great run. I thought the latest results were very encouraging but is the strong pullback we are seeing today a consolidation of the price and an indication that we might be fairly valued in the $4-$5 range ? Are we going to need to define a further resource in the State forest to really take us to the next level?
thanks in advance! best luck to all!
Fair Price for CHN with current resource ?
Add CHN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.16 |
Change
-0.130(10.1%) |
Mkt cap ! $449.2M | |||
| Open | High | Low | Value | Volume |
| $1.29 | $1.29 | $1.12 | $18.47M | 15.67M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2497 | $1.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.16 | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 25/04/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.17 |
Change
-0.130 ( 9.41 %) |
||||
| Open | High | Low | Volume | ||
| $1.28 | $1.28 | $1.12 | 1227223 | ||
| Last updated 15.59pm 25/04/2024 ? | |||||
| CHN (ASX) Chart |