M4J,
Thank you for your post.
I believe CNQ will have a bright future hopefully starting during October 12.
• There was a trade/Transfer of 2.0 Million shares done on the 2nd of October at $0.087 as suggested this could be a prearranged trade at a prearranged price. It is also interesting that on the 8 October there was a sell for App 1.192Mil at $0.88 which since has been cancelled.
• On 10 October a trade for less than 180,000 shares ($15K) dropped the share price by 11% to $0.08.
• There have been the following capital rising. April 09 at $0.05, July 11 at $.075 and March 12 at $0.09.
• III/CNQ has been a frustrating stock because we have not met the published key event dates. We were meant to be cashflow positive with tailings production last Easter and we now have a commitment from the NEW CEO (who was employed at the final stages of plant commissioning) to be in production and with a Shipment this month.
Understandably shareholders are frustrated and hence the sell downs and the low share price.
But if we start to see consistent production & Tungsten tailings shipments/Sales credibility will build.
Also with the reported justification for the reopening open cut in the draft scoping study, I would like to think we will sign a funding agreement
.
M4J,
Once we get the runs on the board we will see a turnaround.
DYOR.
- Forums
- ASX - By Stock
- EQR
- what's with the dip in the sp?
what's with the dip in the sp?, page-2
-
- There are more pages in this discussion • 1 more message 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 EQR (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $107.3M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 34900 | 4.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.8¢ | 92712 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 34900 | 0.047 |
1 | 50000 | 0.046 |
2 | 180355 | 0.045 |
1 | 250000 | 0.043 |
1 | 150000 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.048 | 92712 | 3 |
0.049 | 255200 | 2 |
0.050 | 357152 | 4 |
0.051 | 500000 | 1 |
0.053 | 740000 | 1 |
Last trade - 10.02am 18/09/2024 (20 minute delay) ? |
Featured News
EQR (ASX) Chart |
Day chart unavailable