Chriss
Welcome aboard - put them in the bottom drawer and don't worry about the daily ups and downs.
The share price will be determined by what they find during the next 12 months - CNB has only 114m shares on issue with plenty of cash on hand for at least the next 12 to 18 months and is capped at $58m.
A near neighbour in the Mallina Basin - DEG with 1.1 billion shares - has spent 10+ years in discovering a large gold find and is capped at approx $1.5 billion .... plenty of room for upside with CNB in relation to Mallina and the Company has more ground at Tick Hill, Malmac, Throssel and Sweden.
Guessing the future share price is of little value IMO ...... suffice to say if CNB finds something decent the share price will take care of its self.
Short and medium term targets, page-3
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Last
45.0¢ |
Change
0.035(8.43%) |
Mkt cap ! $77.37M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 46.0¢ | 43.0¢ | $89.71K | 203.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21666 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 8663 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| CNB (ASX) Chart |