CAY 8.20% 16.5¢ canyon resources limited

I’m on a construction job that had around 1400 personnel on the...

  1. 5,599 Posts.
    lightbulb Created with Sketch. 36
    I’m on a construction job that had around 1400 personnel on the work fronts when CAY got the exploration rights. I pumped the bejesus out of CAY not on the basis to move the stock, but rather to give the working class a chance to get into something big 8 months before that announcement till the present day.

    Keep in mind a lot of these guys have broking accounts, invest etc and the bush telegraph so to speak is very active with the next big thing.

    Not one, repeat not one guy I have spoken to knew about CAY. Then when you say bauxite the lights usually go out. This is telling me that the retail market haven’t fallen for this one yet.

    As for funds. We know for sure funds own CAY and some are accumulating no doubt. However it doesn’t make sense to me taken into account of how much fund money out there this one hasn’t aggressively gone up if the broader fund industry knows about CAY. It probably needs more promotion in that industry which I believe the company are doing.
 
watchlist Created with Sketch. Add CAY (ASX) to my watchlist
(20min delay)
Last
16.5¢
Change
0.013(8.20%)
Mkt cap ! $127.2M
Open High Low Value Volume
15.0¢ 17.0¢ 15.0¢ $624.9K 3.970M

Buyers (Bids)

No. Vol. Price($)
1 98086 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 585778 3
View Market Depth
Last trade - 16.10pm 18/11/2024 (20 minute delay) ?
CAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.