CBH coolabah metals limited

Yes I agree, I doubt whether many shareholder took up their SPP...

  1. 13,048 Posts.
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    Yes I agree, I doubt whether many shareholder took up their SPP entittlement.
    I took up my 150,000 shares at 10 cents.
    I'd think once everyone realises that the takeup was low and not as much dilution as expected then we might head back to 15 cents quickly as the Zinc and lead prices are
    rising.
    Zinc
    July 31,14:01
    Bid/Ask 0.7787 - 0.7832
    Change +0.0000 +0.00%
    Low/High 0.7787 - 0.7832


    Lead
    July 31,14:01
    Bid/Ask 0.8351 - 0.8397
    Change +0.0000 +0.00%
    Low/High 0.8351 - 0.8397

    CBH is now making US$6 million profit per quarter for zinc at current prices.
 
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