Even if they did dump them on market, it is only approx. 50M shares. If we get one of the high-volume days we had in the past couple of months, these would be absorbed in a day or 2, then it will be time for the next leg up.
I actually think CPS learnt their lesson from the first raise and will hold out, at least until we see what phase 2 drilling of the new targets achieve. They missed out on a 4x return by selling too early immediately post the first raise. If that does not teach you a lesson, then I don't know what would!
General Discussion, page-251
-
- There are more pages in this discussion • 606 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RCR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.5¢ |
Change
-0.002(4.26%) |
Mkt cap ! $13.39M | |||
| Open | High | Low | Value | Volume |
| 4.7¢ | 4.8¢ | 4.4¢ | $178.5K | 3.899M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 278863 | 4.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.6¢ | 514627 | 7 |
View Market Depth
| Last trade - 14.34pm 01/08/2024 (20 minute delay) ? |
| RCR (ASX) Chart |