I think that something we seem to overlook is the fact that we have non-coare assets that the Company can sell off.
That means we get cash in hand and it prevents a CR and further dilution.
The JV with EnviroCopper will IMO attract a premium price and the more that Cobra achieve great results, the more likely they are to want to go 100% which is a win-win for both Cobra and ADN. We don't need the JV but we need the cash.
General comments/chat, page-34383
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Last
0.6¢ |
Change
-0.001(7.69%) |
Mkt cap ! $22.28M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $11.62K | 1.938M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 9527522 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 7690871 | 24 |
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| ADN (ASX) Chart |