I'm getting the feeling that the ducks are lining up.
Now that the return of capital is happening with its timetable in place, and now that it has been resolved to grant the approval of options to management and to staff at the AGM.
What we need now is a significant announcement to trigger the issuing of the options ("a significant discovery, improving the company's position" etc.) in order to satisfy the provisions of the conditions for the issue of such options.
Following such a significant announcement should come a significant rise in the CHN share price. Here's hoping so for the many patient holders of long standing in the stock.
But DYOR
MM
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Ann: Capital Reduction Timetable and Payment Details, page-2
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Last
$1.39 |
Change
0.060(4.51%) |
Mkt cap ! $571.8M |
Open | High | Low | Value | Volume |
$1.33 | $1.44 | $1.33 | $4.675M | 3.371M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 80248 | $1.39 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.40 | 9275 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 386752 | 0.145 |
6 | 299000 | 0.140 |
8 | 191611 | 0.135 |
6 | 319853 | 0.130 |
5 | 292000 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 40000 | 2 |
0.155 | 367180 | 1 |
0.160 | 460998 | 10 |
0.165 | 353140 | 7 |
0.170 | 248919 | 2 |
Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
CHN (ASX) Chart |