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7.8¢ canyon resources limited

agree and as expected today its being help again which might be...

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Knightrider63

2,694 Posts.

114

22/04/24

15:25

Post #: 73459325
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Originally posted by FishiesPal: ↑

Whilst the SP slightly going back up is great to see, until we see some large BUY orders on screen @7.3 - 7.5c (5,000,000 share parcels) or thereabouts, coaxing the option holders to sell into it and convert their options, these small rises on low volume won't sustain IMO.

If we are as close as what we potentially think we are, it would be great to see large buyers stacking up on screen. The more option holders that convert prior to any ML being issued (If needing to sell the heads to convert), the less selling resistance we will see post ML being announced. And the sooner their 12 month hold, for 1/2 CGT discounts kick in. (Think about it )

With just over 15 weeks left to convert, I'd love to see most if not all the options out of the way, prior to the ML being issued.

From the Half Year Accounts:

From the 1st March 2024, as announced in the Notice 2A: There was approx 106 Million, 7c options expiring on the 10th August 2024.

Peace Fishies

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agree and as expected today its being help again which might be part of the tease to get them in but 15 weeks is not long compared to to the year we have been treading water

CAY Price at posting: 7.6¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 7.8¢		Change -0.001(1.27%)		Mkt cap ! $107.2M

Open	High	Low	Value	Volume
7.9¢	8.2¢	7.8¢	$47.01K	591.7K

Buyers (Bids)

No.	Vol.	Price($)
1	142900	7.8¢

Sellers (Offers)

Price($)	Vol.	No.
8.2¢	36604	1

View Market Depth

No.	Vol.	Price($)
1	142900	0.078
3	138396	0.076
1	200000	0.075
1	44	0.074
1	49195	0.061

Price($)	Vol.	No.
0.083	447465	2
0.085	1500000	1
0.088	73910	1
0.089	56179	1
0.095	13750	1

Last trade - 15.46pm 07/06/2024 (20 minute delay)


Last 7.8¢			Change -0.001 ( 0.00 %)
Open	High		Low	Volume
8.0¢	8.2¢		7.8¢	277037
Last updated 15.46pm 07/06/2024 ?

CAY (ASX) Chart