I'd exercise caution at moment if you are a short to medium term investor. The sp looks shaky. Long term though I doubt it will really matter much whether you buy it at 2.20, 1.20 or 3.20 as I expect it to eventually trade at multiple a of current price. Here's hoping anyway.
Looks like drilling news yesterday was expected. They should have probably made a bigger deal of the scooping study commencing rather than just a brief comment of this fact.its significant that they are able to do so before even having a resource.clearly they are confident about what they are sitting on.
Cdchi1
what to do?, page-24
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Last
24.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $248.3M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.5¢ | 24.0¢ | $1.173M | 4.876M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 339560 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 207600 | 3 |
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| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| SYR (ASX) Chart |