CTM 3.09% 47.0¢ 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
47.0¢
Change
-0.015(3.09%)
Mkt cap ! $230.4M
Open High Low Value Volume
47.5¢ 47.5¢ 46.0¢ $53.64K 114.3K

Buyers (Bids)

No. Vol. Price($)
4 2392 46.5¢
 

Sellers (Offers)

Price($) Vol. No.
47.0¢ 4559 4
View Market Depth
Last trade - 12.51pm 24/05/2024 (20 minute delay) ?
Last
47.0¢
  Change
-0.015 ( 2.33 %)
Open High Low Volume
47.0¢ 47.0¢ 46.0¢ 26897
Last updated 12.41pm 24/05/2024 ?
CTM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.