CHN 1.87% $1.37 chalice mining limited

re: Ann: Revised terms agreed with ENAMCO for... El Capo You...

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  1. 490 Posts.
    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!
 
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Last
$1.37
Change
0.025(1.87%)
Mkt cap ! $571.8M
Open High Low Value Volume
$1.33 $1.37 $1.31 $2.349M 1.749M

Buyers (Bids)

No. Vol. Price($)
2 6763 $1.36
 

Sellers (Offers)

Price($) Vol. No.
$1.37 1808 2
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Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
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