While the near term for the global economic and market climate is undeniably grim, my reasons for purchasing this stock remain the same. When we escape recession copper will be at the forefront of necessary materials to fuel our technological growth as a global effort to curb climate damage and the like. I don't see any reason why CYM would go to zero. They have the copper in the ground, it's not going anywhere. I couldn't care less about promises that fell short, chances are they truly expected to grab finance but with the worsening Russian war, US economy shitting itself, and global recession hitting, those hopes were squashed and Barry and co's claims were non-retractable, except now they had nothing to show for it.
My outlook may be different to some here, as a mid-20's investor, I have plenty of time to wait for this bounce back, only thing I'm lacking is $$$ to average down.
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Last
3.0¢ |
Change
0.002(7.14%) |
Mkt cap ! $45.77M |
Open | High | Low | Value | Volume |
3.0¢ | 3.1¢ | 3.0¢ | $16.66K | 555.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 19997 | 2.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 100176 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 19997 | 0.029 |
3 | 444099 | 0.028 |
5 | 1218654 | 0.027 |
4 | 711421 | 0.026 |
7 | 1767201 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 100176 | 1 |
0.031 | 410669 | 2 |
0.032 | 300000 | 1 |
0.033 | 193548 | 1 |
0.034 | 1000000 | 1 |
Last trade - 15.59pm 18/09/2024 (20 minute delay) ? |
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CYM (ASX) Chart |