CHN 3.60% $1.34 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
$1.34
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
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Last trade - 16.10pm 28/11/2024 (20 minute delay) ?
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