The Owner of the CN has the right to choose cash or shares so if they wish they have 108m in the bag.
I am suggesting that they maybe the funders and the 22m Harbinger shares are an irritation on their books so piss them off at a profit.
Jeffries had their best 9 months in 50 years so ridding themselves of an old Harbinger debt, Easy!
Now they know that POS is a go subject to an Offtake agreement so why not fund?
They were going to fund previously however, a past Chair failed to turn up for a meeting, then resigned!
AF a great man but like all rich people uses other peoples money to grow wealth, it is just a fact of life.
Secret message, what Crap!
I am not saying I am right just looking at this from a businessman's view, shit been retired for 10 years,
so maybe I am totally wrong.
So I ask myself why did we buy today as did others I know?
Cheers,
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Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $16.71M |
Open | High | Low | Value | Volume |
0.4¢ | 0.5¢ | 0.4¢ | $9.661K | 2.404M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
90 | 66568063 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 16479836 | 30 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
90 | 66568063 | 0.004 |
38 | 39232259 | 0.003 |
17 | 29250475 | 0.002 |
17 | 24100201 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 16479836 | 30 |
0.006 | 28537180 | 20 |
0.007 | 37026598 | 36 |
0.008 | 7029072 | 16 |
0.009 | 4338007 | 13 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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POS (ASX) Chart |