Long time reader but first time poster on CHN. like many people, I am absolutely stoked about today’s development. I had the option of investing in either DEG or CHN, but settled on CHN due to its relatively low market capitalization compared to DEG ( over $1 billion) when I finally settled on CHN. I got in fairly late to the party, but based on today’s SP movements, I got my first 1 x bagger with CHN. My main concerns, along with many SH are with the state Forrest and its implications for CHN. I have re-read their previous ASX announcements and HC posts on CHN. From my understanding, CHN appointed a certain “G Dixon” as one of its directors back in August. https://www.asx.com.au/asxpdf/20200821/pdf/44lrb9r5g2s3v3.pdf
I recall reading a post that says this guy is well qualified, having precariously worked on forest environmental remediation work for Alcoa in WA,. Can anyone shed more light on this? No certainties in life, but if this is true, then it certainly is a big tick and de-risks the Juliana project for me!!!
State Forrest Concerns
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Last
$1.21 |
Change
0.005(0.41%) |
Mkt cap ! $470.6M | |||
| Open | High | Low | Value | Volume |
| $1.23 | $1.25 | $1.21 | $4.018M | 3.275M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 139393 | $1.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.22 | 2000 | 1 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| CHN (ASX) Chart |