Australia's largest stock trading and investment forum Australia's #1 stock forum

CMD

Click for more information

14.3%

0.6¢ cassius mining limited

Jeremy Raper takes a stake in CMD, page-54

First 54 Last

Share
Profile

Follow
baihui

4 Posts.

29/02/24

14:05

Post #: 72671479
Share

Originally posted by puppyeh: ↑

yes they were. your concerns were misplaced - regardless of outcome. last i checked being wrong was not a crime, nor was discussing investment ideas publicly, in reasonable terms, cognizant of the risks all along. please point out exactly where i was 'pumping', at any time, with regard to the opportunities and risks in the CMD case. i will no longer engage with you given you are obviously just a hater.

as for CMD - clearly this is a hugely negative development and i fully exited my stock today. whilst granting jurisdiction is of course good, the main problem is the selection of Accra as the seat for the arbitration. it means, effectively, that any subsequent appeal/annulment hearing would be heard in local Ghanian courts – with obvious consequences for probabilities of collection. near term, it makes raising litigation financing very difficult, if not impossible, which in itself reduces odds of success here, substantially. frustratingly, the arbitration did not seem to give any reason for the selection of Ghana as opposed to a neutral seat (I spoke to the company and they seemed shocked this had happened).

Expand

How could you possibly exit today, you held 14.7M shares and today's volume is only 5M?

CMD Price at posting: 1.1¢ Sentiment: Sell Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Finance school vs reality: What they don't teach you about the stock market

Making money: How many microcaps should be in an investor's portfolio?

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

There are more pages in this discussion • 16 more messages in this thread...

First 54 Last

Add CMD (ASX) to my watchlist

(20min delay)
Last 0.6¢		Change -0.001(14.3%)		Mkt cap ! $3.252M

Open	High	Low	Value	Volume
0.6¢	0.6¢	0.6¢	$0	1

Buyers (Bids)

No.	Vol.	Price($)
2	348359	0.6¢

Sellers (Offers)

Price($)	Vol.	No.
0.7¢	3134065	3

View Market Depth

No.	Vol.	Price($)
2	348359	0.006
16	6507800	0.005
13	3871000	0.004
2	1300000	0.003
3	1750000	0.002

Price($)	Vol.	No.
0.007	3134065	3
0.008	1845386	2
0.009	1713971	2
0.010	100	1
0.011	175000	2

Last trade - 10.14am 28/10/2024 (20 minute delay)

CMD (ASX) Chart