re: Ann: Revised terms agreed with ENAMCO for... El Capo
You will need a miracle for CHN shares to get down to as low as 15c.
That would imply a drop in value of $25,0000 million or a quarter of the company. So that's just not realistic.
If you look at the fundamentals, the stock really should trade around 36c a share based on the expected $95 million cash it will receive post sale.
The stock has hit a low of 24c in the past week but the sellers are now pushing it back up to 26c again.
Good luck in buying low!
Ann: Revised terms agreed with ENAMCO for sale of, page-22
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Last
$1.36 |
Change
-0.005(0.37%) |
Mkt cap ! $571.8M | |||
| Open | High | Low | Value | Volume |
| $1.37 | $1.41 | $1.35 | $2.668M | 1.921M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 30015 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.36 | 12925 | 4 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| CHN (ASX) Chart |
