SP Tracking last 12 months5 Oct 2017 15:54
The last high point on the SP in the last 12 months was at 1.72p on the 3rd October, then 1.65p on the 31st October, finally 1.55p on 19th December. 23rd January had a top price of 1.38p which seems to have been where its maxed out since then. If you are looking to make a move on CNEL to land this company as its massively undervalued which date would you go for to make an offer. We've seen this SP held right down by the market for some reason despite really good news. Where would you make your move as the MCAP is currently 6.6M in total with profits rapidly rising and expansion happening ever quicker. You could make an offer of 8-10M and pick up the whole company by the end of this month. If you owned 60% of the shares already and you know the profits are worth more than the other 40% in free float based on future project forecasts its a free buy back for someone! Maybe they are pre-empting that by getting the BOD to buy up some in advance to make it even easier to go Private.