CZI 0.00% 22.0¢ cassini resources limited

All, Time for everyone to slow down and think.....I'm not sure...

  1. 420 Posts.
    lightbulb Created with Sketch. 471
    All, Time for everyone to slow down and think.....
    I'm not sure what the 5 day VWAP was, but at a guess it would be around 21c. With the closing price of 22.5c, and lack of shares on issue (hence supply side in trade is low), I would be very surprised if the raising is lower than around 19c. In fact, I would expect it to be in the early 20's.
    Remember the SI's would be privy to strategy and potential volumes and "dirt" value, so if it is really a gem of a buy we should expect very little discount.
    Guys, DYOR.
 
watchlist Created with Sketch. Add CZI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.