Well it's been a slow process but this one might now be ready to move. In the last year and a half CYU have:
- Brought in a new large holder in JCHX Group, a large Chinese mining services company.
-The MD has taken a large chunk in the SPP ($100,000 worth).
- Offloaded most of their Mt Isa tenements (just finalising the details with JV partner for the last of them).
- raised cash at 1c to JCHX and again at 0.6c as a SPP (cash on hand of over $2mil)
By all accounts everyone is now set and ready. They have been flagging for some time that they are looking for a copper/gold project in DRC and we all know thats a chance to include some COBALT also.
The chart has recently perked up and some buying has come in, Thursday saw us move up over 40% on over 2 million of volume.
MC now at $8.8m
EV just under $7m
SOI 887m
Not the cheapest Shell on the ASX but the top 20 hold 83% so the free float only small.
Here's hoping the buying continues on Tuesday and we get an acquisition soon.
Well it's been a slow process but this one might now be ready to...
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.230M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $10.67K | 2.135M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 1901420 | 4 |
View Market Depth
| Last trade - 14.05pm 27/09/2024 (20 minute delay) ? |
| AKN (ASX) Chart |