CNB 2.80% 52.0¢ carnaby resources limited

pbd....phew.....cnb..no sellers, page-3

  1. 400 Posts.
    re: cnb..no sellers Hi Madmacs, I am wondering what you guys think CNB is worth? It has assets of about $1.15 a share which on completion of the projects will be worth about $1.25 in about 18-24 months. Why pay above nta for a land bank? Its not as if they have an ongoing revenue stream unless they go out and spend more money.

    Management is way over paid (the top two guys get something like $800k between them which is a hell of a lot of money for a Canberra company).

    I am struggling to understand why CNB is being pushed up. I think a ramp job may be being done.
 
watchlist Created with Sketch. Add CNB (ASX) to my watchlist
(20min delay)
Last
52.0¢
Change
-0.015(2.80%)
Mkt cap ! $89.40M
Open High Low Value Volume
53.5¢ 53.5¢ 51.5¢ $216.0K 408.0K

Buyers (Bids)

No. Vol. Price($)
1 24780 52.0¢
 

Sellers (Offers)

Price($) Vol. No.
53.0¢ 1579 1
View Market Depth
Last trade - 16.10pm 22/07/2024 (20 minute delay) ?
CNB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.