Whilst we have obviously been affected by nickel price, I think a big part of the problem is the lack of “strong news flow” as promised by management (I’m not saying they’re doing a bad job) and I think it would be reasonable to expect that there would be drill results more often than every couple of months when they make that sort of statement and when we’ve got 5 drill rigs working double shifts. I expected news every 2 - 3 weeks and I would suspect that those with a bigger investment than us are perhaps more informed hence their continued buying.
Also, their time frame keeps changing, in this extract from 4th February it says SS due in March but in others it says “early” March, so which is it and are punters getting nervous when their expectations based on the announcements aren’t being met.
With $24mill in the bank or 10% of our MC we’re in an excellent position especially as I have to keep reminding myself Roger clearly stated “I think shareholders will be very pleased with the results of the scoping study.” DYOR
- Forums
- ASX - By Stock
- Trading day running commentary
Whilst we have obviously been affected by nickel price, I think...
-
- There are more pages in this discussion • 3,961 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CTM (ASX) to my watchlist
(20min delay)
|
|||||
Last
40.0¢ |
Change
0.010(2.56%) |
Mkt cap ! $197.9M |
Open | High | Low | Value | Volume |
38.5¢ | 40.0¢ | 38.0¢ | $790.9K | 1.998M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1320 | 38.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
41.0¢ | 12500 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1320 | 0.380 |
3 | 55316 | 0.375 |
3 | 8934 | 0.370 |
1 | 5465 | 0.365 |
4 | 616847 | 0.360 |
Price($) | Vol. | No. |
---|---|---|
0.410 | 12500 | 2 |
0.415 | 8469 | 1 |
0.425 | 30000 | 1 |
0.430 | 2000 | 1 |
0.435 | 30000 | 1 |
Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
|
|||||
Last
38.5¢ |
  |
Change
0.010 ( 1.28 %) |
|||
Open | High | Low | Volume | ||
39.0¢ | 39.0¢ | 38.0¢ | 82177 | ||
Last updated 15.59pm 26/04/2024 ? |
Featured News
CTM (ASX) Chart |