Agree
In mid caps there is often a period of pull back after a cap raising after shareholders consider the effect of dilation upon the value of their shares.
In microcaps the effect is often the opposite. The fear of delisting drops and the chances of another cap raising at least in in the short term is gone.
Caz is going to get an extra push from the soar in cobolt prices as well as the unstoppable express train of CLA.
I maintain that should CAZ be able to demonstrate some firm drilling results to confirm the seam of Cobolt does indeed run through both CLA and CAZ resource fields even at this early stage fair value has to be well over 20 million so even a 50% dilution is going to be good buying at current pricing.
I guess we will all know today
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.458M |
Open | High | Low | Value | Volume |
1.5¢ | 1.5¢ | 1.4¢ | $7.098K | 506.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 2777422 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 906507 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.025 |
2 | 100000 | 0.024 |
2 | 143478 | 0.023 |
3 | 320000 | 0.022 |
2 | 156893 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 92582 | 1 |
0.030 | 148628 | 5 |
0.031 | 225846 | 2 |
0.033 | 54000 | 2 |
0.034 | 100000 | 1 |
Last trade - 14.15pm 06/11/2024 (20 minute delay) ? |
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CAZ (ASX) Chart |