You have to understand how the market is treating gold explorers, CDR has just 75 million SOI and around 4 .5 million in cash, so EV is rated by market at zero so as the company spends money on wages , coffee, stationary and phone bills the market lowers the SP to reflect this spending, sounds crazy but thats what appears to be the case.
Imagine floating a gold explorer ATM, wouldnt like your chances..
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 (20min delay)
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Last
3.8¢ |
Change
-0.002(5.00%) |
Mkt cap ! $7.855M | |||
| Open | High | Low | Value | Volume |
| 4.0¢ | 4.0¢ | 3.8¢ | $10.87K | 284.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 392068 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 195016 | 3 |
View Market Depth
| Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
| CDR (ASX) Chart |