What a week we have had on the selling front, thanks for all your discounted shares , as I only found out about this company about 5 months ago and did the research we were amazed at the low market cap and the potential this company has to find one of the largest gold deposits around, I feel this could be the next huge ASX gold producer.
I have been around a long time and 70% of investors have bought on the hype due to our close relative. They wanted some sort of announcement like "biggest gold deposit found in Australia with super high grades "
As expected with drilling to such a low depth the grades were what I expected, when the diamond drilling starts we should be in for some mega grades. I am now based in the UK and work within a trust fund and we have loaded CNB on each drop knowing the potential it has medium to long term. I don't think we are far off the top 20 list and we will continue to buy at these prices. Our current target is 1 million shares as we have full confidence in the board and the company goals.
The short term holders I think are now flushed out and maybe we can start holding a steady price, which I still think is so undervalued. This may hit 27.5 next week or even 25, but we will still continue to buy as I really cant see any reason to sell.
I think 2021 could be the year of CNB and I would not be surprised this time next year we are around the 1.50/2 dollar range.
I would love a good thread of holders who have sold based on the results to explain what they expected.
GLA
Have a great Xmas
James
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Last
50.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $86.82M |
Open | High | Low | Value | Volume |
50.5¢ | 52.0¢ | 50.5¢ | $57.53K | 112.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4129 | 50.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
52.0¢ | 13135 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4129 | 0.505 |
1 | 33321 | 0.500 |
1 | 875 | 0.495 |
3 | 49296 | 0.490 |
5 | 18931 | 0.480 |
Price($) | Vol. | No. |
---|---|---|
0.520 | 13135 | 2 |
0.525 | 30022 | 2 |
0.530 | 5950 | 2 |
0.535 | 50000 | 1 |
0.540 | 41819 | 3 |
Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
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