CUS 4.29% 6.7¢ copper search limited

It would be purely an opportunistic trade and not a long term...

  1. 3,488 Posts.
    lightbulb Created with Sketch. 120
    It would be purely an opportunistic trade and not a long term trade. Can see them going from $1.00 to $1.50. If there is a general correction in the market and CUS gets sold down then I'm in. I think Wilke will do a deal i.e high impact pokie machines punters will need a pre commitment card....low impact machines they won't. Conservative underlying ( i.e minus GST tax benefit ) EPS of 15 cents....trading at $1 that's a PE of 6.6...that's value. Whether it gets that low, not sure.
 
watchlist Created with Sketch. Add CUS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.