Gold price currently has little to do CHN - they don't have a gold deposit.
What they have is $52 million in USD, or now AUD $56 million. It was less then AUD $49 mil a few months ago.
In addition the lower the sp goes of other mining coy, the better or more buying power CHN has. What they couldn't afford, they now can. Simple.
why the sp is up?, page-6
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Last
$1.10 |
Change
0.000(0.00%) |
Mkt cap ! $423.9M | |||
| Open | High | Low | Value | Volume |
| $1.10 | $1.11 | $1.09 | $577.4K | 526.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 53713 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 20613 | 9 |
View Market Depth
| Last trade - 12.02pm 23/07/2024 (20 minute delay) ? |
| CHN (ASX) Chart |