Any thoughts on the next CR
https://hotcopper.com.au/threads/ann-quarterly-activities-appendix-5b-cash-flow-report.7333072/
(Figures from above)
$2.6m Last Q spent
$5.5 cash on Hand this Q
2.3 months of cash on hand
Cash on hand means a CR is forgone conclusion. I am bought 250k in July for 4.1c
I am quite happy with the MRE and I think it is worth trippling down for a million shares and thinking two year back of the draw hiatus (I like round numbers).
I am thinking putting in a buy order at 3.7c what are long term holders thoughts at what price CR would be offered?
Some might think this is a down ramp post, but it is rational with tripple wammy lower Spot (still great in long term average), Higher Interest enviroment (stablising) and headwinds of potential recession (though mild).
I firmly believe if CRR had $10m in the bank the announcement would have pushed SP to 7.5c than settled around 6.5c rather than down to 4.1c.
- Forums
- ASX - By Stock
- CRR
- General discussion
General discussion, page-9
- There are more pages in this discussion • 946 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CRR (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.33M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.1¢ | $15.27K | 1.272M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30380 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 982140 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30380 | 0.012 |
17 | 3501140 | 0.011 |
23 | 5547255 | 0.010 |
6 | 2602979 | 0.009 |
9 | 2928889 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 982140 | 8 |
0.014 | 6108025 | 12 |
0.015 | 1838929 | 4 |
0.016 | 1151033 | 2 |
0.017 | 900000 | 2 |
Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
|
|||||
Last
1.2¢ |
  |
Change
0.000 ( 0.00 %) |
|||
Open | High | Low | Volume | ||
1.2¢ | 1.2¢ | 1.1¢ | 158390 | ||
Last updated 15.53pm 02/05/2024 ? |
Featured News
CRR (ASX) Chart |
The Watchlist
RDN
RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
SPONSORED BY The Market Online