Funnily enough, I bailed completely on CTM recently at $1.26 to put the (modest) profits into another stock. I'm sure the resource is fantastic, but I was really starting to wonder about management competency (for the salaries they draw). These guys have poured lots of funds into other projects in the past (e.g. Jambi) for zero result, and I'm starting to think they may even be able to snatch defeat from the jaws of victory this time too. That whole CR episode left a very bad taste as well, I should add.
I keep an eye on the SP, and will be back in a flash if the project shows any signs of delivering to its potential, but with the SP tracking sideways (at a time of record nickel prices) there are better opportunities elsewhere in the short term.
Sincerely hope it comes good for long term holders - you deserve a decent win out of this after being so patient !
So long, and thanks for all the fish.
Ann: Notice of General Meeting/Proxy Form, page-3
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Last
47.0¢ |
Change
-0.030(6.00%) |
Mkt cap ! $240.3M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 50.5¢ | 46.5¢ | $357.1K | 737.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 29784 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 16094 | 2 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
47.5¢ |
Change
-0.030 ( 4.50 %) |
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| Open | High | Low | Volume | ||
| 50.0¢ | 50.5¢ | 46.5¢ | 129369 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| CTM (ASX) Chart |