I have been spending a lot of time on this trying to figure out why the accumulation in the last 10 days. Why would anyone do that in this market. Obviously something is cooking for a move on this firm is the only thing that made sense to me. Then I looked at CAI's current presso and saw this page there. If as I expected CMM releases the resource upgrade to say even 900K Ounces that would put CMM way above CAI's potential MC based on the upgrade. On top of that if someone is going to have a tilt at this yes Canacord's value of 22c makes sense. Hence decided to make a move on Mon for a chunk.
Ann: Deep drilling intersects significant mineralisation, page-25
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Last
$6.41 |
Change
-0.080(1.23%) |
Mkt cap ! $2.397B | |||
| Open | High | Low | Value | Volume |
| $6.59 | $6.60 | $6.35 | $5.091M | 793.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2857 | $6.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.41 | 1389 | 1 |
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| Last trade - 16.10pm 02/12/2024 (20 minute delay) ? |
| CMM (ASX) Chart |
