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
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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¢ | 197367 | 6 |
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| Last trade - 14.34pm 01/08/2024 (20 minute delay) ? |
| RCR (ASX) Chart |