Agree they're late, which isn't a great look. Unfortunately sometimes things just take longer than you plan (whether it was volunteered timing or not).
I have my bet on a release tomorrow morning. Only very loose logic, but the fact they have been able to release the T20 today (also late) could mean they have finished up the MRE announcement.
Interesting to see everyone's guesstimates. The consensus is higher than I thought - I'll put my guess at 330kt Cu equivalent.
My basic thinking on market response is:
< 300kt, below expectation and share price may react accordingly.
300-400kt, on par with expectation. Probably see some strengthening of share price, as I think an MRE miss has been priced in already.
> 400kt, above expectations and expect a bounce in price (relative to the otherwise shaky market).
All speculation of course.
Cheers,
Dingo.
- Forums
- ASX - By Stock
- CNB
- MRE guesstimate
MRE guesstimate, page-57
-
- There are more pages in this discussion • 113 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CNB (ASX) to my watchlist
|
|||||
Last
58.0¢ |
Change
0.010(1.75%) |
Mkt cap ! $98.00M |
Open | High | Low | Value | Volume |
60.0¢ | 60.0¢ | 58.0¢ | $108.5K | 181.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 744 | 58.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
59.5¢ | 16239 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 744 | 0.580 |
2 | 18443 | 0.575 |
3 | 15803 | 0.570 |
1 | 2000 | 0.560 |
3 | 29626 | 0.550 |
Price($) | Vol. | No. |
---|---|---|
0.595 | 16239 | 2 |
0.600 | 4800 | 1 |
0.610 | 2537 | 1 |
0.620 | 12500 | 2 |
0.625 | 2141 | 1 |
Last trade - 10.09am 11/07/2024 (20 minute delay) ? |
Featured News
CNB (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online