CUF - SP Discussion, page-19

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sydneybhai

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14/05/24

20:06

Post #: 73822981
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Originally posted by good2no: ↑

Today changed the recent trading pattern. Maybe Native Title approval granted.

For the last week, someone has been accumulating at 0.017. Normally 28 orders
totalling 3-4M, with more orders at 0.016. When sellers want to get out, they get
their fill. Things changed today.

Being a tightly held stock , today's volume shows there is a lot of interest in CUF.
And why not? Do a bit of research, and they are not a one trick pony, like others.

CUFE has 5.51M cash, huge stockpile of high grade iron ore hedged at $120t,
interest in Copper play, and more. CUF is shipping ore already, so infrastructure
and contacts and contracts are in place. Q2 report is going to be huge.

West Arunta. If this comes up a duster, doesn't matter. Still making good coin.
However, when you look at the size of the tenements, as compared to LYN,
it's like comparing a whale to a goldfish. Unless LYN got lucky.

Perfect storm. Right place, right time, right revenue stream to fund drilling.
I wonder who the accumulator is? Might be for the iron ore, more than Arunta.

Time will tell. Still have buy orders in the market, but think 0.017 is a bit low,
given today's action. Thought 0.02 close, nope, 0.021 close.

Will be watching tomorrow's action. GLTAH

Expand

I heard some big announcements in budget around clean minerals was today impact on SP due to it???

dyor

CUF Price at posting: 2.1¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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(20min delay)
Last 0.8¢		Change 0.002(33.3%)		Mkt cap ! $10.69M

Open	High	Low	Value	Volume
0.7¢	0.8¢	0.7¢	$17.63K	2.517M

Buyers (Bids)

No.	Vol.	Price($)
15	6415160	0.6¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	2431917	8

View Market Depth

No.	Vol.	Price($)
15	6415160	0.006
10	5167633	0.005
4	2455000	0.004
2	2500000	0.003
3	3900000	0.002

Price($)	Vol.	No.
0.008	2431917	8
0.009	1082911	5
0.010	1594569	4
0.011	2758748	3
0.012	3303201	6

Last trade - 16.10pm 13/11/2024 (20 minute delay)

CUF (ASX) Chart

CUF - SP Discussion, page-19

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