RE: Hopefully get so e tr1's for new investors1 Aug 2025 10:58
Vic, they Havnt maintained a non dilution policy and been diluted down during the cash raises together with divesting various other projects so not too surprising. Pin money to them however.
As we have seen, big sellers knock the share price until out. Cnr had a number of institutional investors early doors including ifc, Cana cord and mining star Ross Beaty. It has a beneficial effect in a buoyant market buying in. However when the market changes and they change their strategy it can have a long negative effect on the share price when they struggle to sell. I believe that Ross Beaty was the only strategic holder in Cnr that got out with a modest profit. Not an issue at all now as we are in a positive bull market but things can change just like the benefits of worlds top majors etc.
for me , make hay while the sun shines so, legal I am looking forward to possible 20 p and will for sure be taking a bit out there and somewhat lower to de risk. I am not ramping over on Wsbn, palm or anywhere else and also not here. I am happy with progress.