I was thinking of selling some of my shares at the current share price because I will make a decent profit BUT I managed to rationalise my thinking. I just can't give these shares away at the current price because as you mention you should get at least 11.4 cents if the offer materialises over the next weeks/month IMO.
CMM chances of finding another area with this type of potential is very unlikely so this could be a once in a lifetime find. The area continues to show huge potential. I am thinking CMM will possibly decline the offer @ 11.4 which is a very low offer -as mentioned. If funding doesn't eventuate and the TO doesn't come through CMM will continue to have more attention and with a growing resource and price of Gold possibly going up, we may have a nice fat offer down the track - either way I am keeping my shares and getting what I think they're worth and it isn't .09 or 11.4 in my opinion.
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I was thinking of selling some of my shares at the current share...
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Last
$6.49 |
Change
0.050(0.78%) |
Mkt cap ! $2.397B |
Open | High | Low | Value | Volume |
$6.43 | $6.55 | $6.37 | $6.461M | 999.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2845 | $6.48 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.50 | 4682 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 135 | 5.570 |
5 | 14915 | 5.550 |
2 | 7023 | 5.540 |
4 | 10250 | 5.530 |
1 | 3000 | 5.520 |
Price($) | Vol. | No. |
---|---|---|
5.600 | 26965 | 9 |
5.610 | 9400 | 4 |
5.620 | 15379 | 3 |
5.630 | 13592 | 3 |
5.640 | 6546 | 1 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
CMM (ASX) Chart |