Cheers Yatchy.
I have no doubt that the major holders that paid $0.117 and $0.13 will be very happy to support the company at a placement price of $0.05. Which as discussed is a possible reason for the share price stagnation.
@mmoore1957 - cheers for the reply.
A good list of options which I agree could be a way forward, but... very rarely do management give up their jobs.... even if they are good management. Which is why GCY stand above most, they were willing to sell their company when the markets were good (GIR) and make all holders a great profit.
If only more management were like them. CMM could be in production by the end of 2018 with the right company to partner with, but... 90% sure it just won't happen.
As you say, watch and wait.
Ann: Increase In Kalrawinda Mineral Resource, page-17
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Last
$6.43 |
Change
0.010(0.16%) |
Mkt cap ! $2.397B | |||
| Open | High | Low | Value | Volume |
| $6.43 | $6.55 | $6.42 | $531.6K | 82.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 205 | $6.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.44 | 2986 | 24 |
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| Last trade - 12.40pm 04/12/2024 (20 minute delay) ? |
| CMM (ASX) Chart |
