No guarantees NT ManThere is this concept of asymmetric risk and asymmetric reward
Market may be still does not trust Salobo tenements are in CTM's pockets.If so SP will not be languishing at 0.8C .
My humble 2c, once the Salobo permits are given to CTM, there will be a mad rush by all the big guys to get in here. no saying where the SP will go in a matter of days and weeks , you will get your asymmetric reward IMO.
All above my assumptions
DYOR GLTA
Centaurus’ Salobo West tenements, page-51
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Last
44.0¢ |
Change
-0.015(3.30%) |
Mkt cap ! $218.5M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 45.0¢ | 43.0¢ | $20.69K | 46.53K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 7504 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| CTM (ASX) Chart |