CTM 10.5% 42.0¢ centaurus metals limited

Do we think this stock will be at a dollar by January?? It would...

  1. 7 Posts.
    lightbulb Created with Sketch. 1
    Do we think this stock will be at a dollar by January?? It would only give us a $325M market cap which I would say is conservative for this stocks true value. Current downward trend I assumed was due to the uncertainty of the US election (of which there is still some) and we did see a recovery post this however it has slid back since then. Nickel stocks as a whole will benefit from not just Biden in the white house, but time, as the inevitable expansion of EVs makes them mainstream. Expect this stock to be taken over probably by Oz Minerals who have a large presence just next door and I would expect them to pay around a billion, give or take a few hundred million, for it. Which is why I feel that a strong rise in the SP in the short term is basically a guarantee. Opinions???
 
watchlist Created with Sketch. Add CTM (ASX) to my watchlist
(20min delay)
Last
42.0¢
Change
0.040(10.5%)
Mkt cap ! $207.8M
Open High Low Value Volume
40.0¢ 42.0¢ 38.0¢ $460.7K 1.104M

Buyers (Bids)

No. Vol. Price($)
1 94043 42.0¢
 

Sellers (Offers)

Price($) Vol. No.
42.5¢ 23059 2
View Market Depth
Last trade - 16.10pm 07/05/2024 (20 minute delay) ?
Last
40.5¢
  Change
0.040 ( 6.58 %)
Open High Low Volume
39.0¢ 41.0¢ 38.5¢ 44899
Last updated 15.57pm 07/05/2024 ?
CTM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.