CU6 is valued at US400m. Chicken feed compared to recent radiopharma transactions.
I can understand calls for a pullback and a base before pushing higher. It’s usually par for the course. But sometimes a stock comes along that others see as too cheap, and they don’t stop buying until they want to stop buying. I doubt US$400m is considered fair value, and somewhere they want to stop buying for too long. CU6 has come from a low base since listing, with much value added via results.
By 31 March, I think we’ll know if CU6 should have, or does have, an extra ,000 in its market value.
CU6 - ASX Charts, page-17
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Last
$6.46 |
Change
0.090(1.41%) |
Mkt cap ! $2.013B | |||
| Open | High | Low | Value | Volume |
| $6.40 | $6.50 | $6.13 | $10.02M | 1.580M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3329 | $6.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.50 | 45351 | 7 |
View Market Depth
| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| CU6 (ASX) Chart |