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
$1.34 |
Change
-0.050(3.60%) |
Mkt cap ! $571.8M |
Open | High | Low | Value | Volume |
$1.40 | $1.41 | $1.33 | $2.161M | 1.585M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 18387 | $1.34 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.34 | 3757 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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 28/11/2024 (20 minute delay) ? |
CHN (ASX) Chart |