gr' light for iron ore project up there cazaly, page-16

CAZ firming again, up 4.5c in early trade on relatively high volume for CAZ.
GDAO buyer at 10% higher than last trade, first seller at 2.9c which is probably a fair price with GDA last sale on friday @ 3.6c. The 1c options have a good time till conversion and should be trading at a premium to the equivalent converted price. Few for sale though so liquidity a restraint.
Gaps still between 4.1c and 4.6c on the heads with buy side increasing slightly and sellers moving prices higher.
Caz at plus 3c now 39c which is a good premium to the issue value of 27.5c from memory.