This stock offers more than Pilbara. I have been buying a fair bit in recent days. Yes, it shot up before Pilbara. But its got multiple back to back drill programs happening in good locations. A sniff of a discovery will send the share price sharply higher.
It's ridiculous the market's valuing nothing for the projects. Literally, the company has a negative enterprise valuation.
It doesn't make any sense.
The best news is that this stock is largely ignored by Hotcopper spruikers. Actually, the best news is that it has so much coin that it has multiple chances of finding a massive discovery and turning the company into a 10-bagger.
Proven management team, good projects in areas with known elephants, and a low cost base with most of the money spent on drilling.
This stock won't stay cheap for much longer IMO.
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Last
$1.36 |
Change
-0.005(0.37%) |
Mkt cap ! $571.8M |
Open | High | Low | Value | Volume |
$1.37 | $1.41 | $1.35 | $2.668M | 1.921M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 30015 | $1.36 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.36 | 12925 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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 22/11/2024 (20 minute delay) ? |
CHN (ASX) Chart |