CYM 2.70% 3.6¢ cyprium metals limited

why CYM is a Billion $ company in the making, page-2678

  1. 23,799 Posts.
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    I'm putting what I think are the most bearish numbers relating to interest rates into my valuation, plus I'm allowing for a decent amount of dilution.

    I don't know for sure if they'll raise or when it might happen but all indications are that it's on the cards reading the recent market action and I want that in my numbers. There's plenty of supply coming in around the 10.5 cents every time someone steps up and buys at the figure. Some have suggested the market has been asleep and hasn't responded to the recent ann, well that's true but it's also more confirmation of a CR.

    Shareholders are essentially backing Barry's specialist knowledge and expertise with leaching ... A CR, dilution, could see the share price drop by 20% from whatever it's last price might be. That's not so bad as it might be the worst case scenario should they get finance, and that's when I reckon the market will wake up and take off.





 
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Last
3.6¢
Change
-0.001(2.70%)
Mkt cap ! $54.93M
Open High Low Value Volume
3.8¢ 3.8¢ 3.5¢ $93.39K 2.573M

Buyers (Bids)

No. Vol. Price($)
7 1290400 3.5¢
 

Sellers (Offers)

Price($) Vol. No.
3.7¢ 169492 1
View Market Depth
Last trade - 15.52pm 05/08/2024 (20 minute delay) ?
CYM (ASX) Chart
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