C29 4.55% 11.5¢ c29 metals limited

i88 v C29, page-7

  1. 27,251 Posts.
    lightbulb Created with Sketch. 3203
    yes, and well done to them. Everything is about risk, and the probability of how a market reacts to news.
    Always think about the bet. And what you really have in hand, and what the illusion is. Markets can miss price stocks if a perception overcomes reality. The drill bit, is the truth / lie detector.

    Its good to see I88 run hard, illustrates that the sector is hot, and looking for hot news feed.
    What do you think the reaction will be, as we twin some of the historic drills, and potential of acquiring further blocks ?

    The market has had only one news header for C29, on acquisition. What then when the market actually becomes aware of what is in hand ?

    At 11m mc, i'm pretty happy with the Bet - wait for the herd to wake up with a church bell ringing at some point.

    imo Better to get set early with what you know, that the market does not know at a cheap valuation, and simply wait for them to wake up, and catch the rising tide - than rush into the overpriced hype on other stocks that have no measured drills in hand for their elevated MC.
 
watchlist Created with Sketch. Add C29 (ASX) to my watchlist
(20min delay)
Last
11.5¢
Change
0.005(4.55%)
Mkt cap ! $16.06M
Open High Low Value Volume
11.0¢ 11.5¢ 10.0¢ $49.46K 461.3K

Buyers (Bids)

No. Vol. Price($)
1 62583 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 113369 2
View Market Depth
Last trade - 16.10pm 18/07/2024 (20 minute delay) ?
C29 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.