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9.1¢ canyon resources limited

Wow, that was quick Arapt. Thank you. Brilliant.

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MTB650b

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23/12/22

10:56

Post #: 65427911
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Originally posted by Arapt: ↑

Some info on our new overlords EEA(https://www.fortunaholdings.com/).

It was hard to find anything on them but I was able to find one of their plays in the ASX. They bought on market in ASXSC (at an average of 12c) and owned 10% prior before the Arcadia mining body was sold to a chinese entity for $500M AUD. The deal was released dec 21 (share price was 10c in Nov 21) and shareholders were paid via exdivided approx 80c/share in Aug 22. If my maths is correct, they would've made at least $50M on this one play on top of the 10% of PSC they owned after the sale, so they are not by any means a small player.

Now the questions i cant answer, how big was their involvement in the sale? Are they the "middleman" that processes these sales?

I copied PSC chart below. not sure how Hotcopper will show it.

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Wow, that was quick Arapt. Thank you. Brilliant.

CAY Price at posting: 4.7¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 9.1¢		Change 0.002(2.25%)		Mkt cap ! $128.6M

Open	High	Low	Value	Volume
9.2¢	9.2¢	9.0¢	$134.4K	1.474M

Buyers (Bids)

No.	Vol.	Price($)
2	1730000	9.0¢

Sellers (Offers)

Price($)	Vol.	No.
9.2¢	164242	2

View Market Depth

No.	Vol.	Price($)
2	1730000	0.090
4	352550	0.089
3	1439534	0.088
3	2178001	0.087
1	400000	0.086

Price($)	Vol.	No.
0.092	164242	2
0.093	290296	2
0.094	230000	1
0.095	596461	1
0.099	600000	1

Last trade - 15.59pm 17/09/2024 (20 minute delay)

CAY (ASX) Chart