Agree. Am expecting a CR in the next 6 weeks unless they get cash from operations to cover their costs and ramp up - and this possibility was not apparent in their last quarterly.
Other option is that if this technology and overall strategy is as enticing as what it is made out to be and the fundamentals prove to be sound, they'll get bought out. Ivanhoe Electric have investment capital available, CNQ fits nicely into their business strategies globally, and already own a large proportion of it. Either way we should get our capital value back and hopefully some change.
Please Explain SP Down 40%, page-12
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Last
28.0¢ |
Change
-0.015(5.08%) |
Mkt cap ! $19.49M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 29.5¢ | 28.0¢ | $3.906K | 13.70K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 59448 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 17255 | 2 |
View Market Depth
| Last trade - 15.36pm 22/05/2024 (20 minute delay) ? |
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Last
28.5¢ |
Change
-0.015 ( 1.72 %) |
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| Open | High | Low | Volume | ||
| 29.5¢ | 29.5¢ | 28.5¢ | 1003 | ||
| Last updated 14.01pm 22/05/2024 ? | |||||
| CNQ (ASX) Chart |