When can your average punter know that the market has got it wrong? In advance, not too often ... I reckon the market will price in too much risk after CYM has finance and the ball’s lobbed into Barry’s court ... the market will apply excessive and unjustified risk to the leaching process, “we don’t do it well in Australia” and more risk to ‘Nifty’ than is warranted just coz it’s Nifty.
With that in mind I reckon the best risk / reward is after finance and when CYM’s success is entirely in Barry’s hands ... Not the cheapest price obviously but best risk / reward.
I also believe at some point in the not too distant there’ll be a huge chunk of cheap shares offered to an insto or the like (not retail) at “give away prices” so dilution must be part of the equation.
As Barry said there’s investors for all stages.
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Last
4.2¢ |
Change
0.006(16.7%) |
Mkt cap ! $64.09M |
Open | High | Low | Value | Volume |
4.3¢ | 4.7¢ | 4.0¢ | $511.1K | 11.82M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 353683 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 19996 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 353683 | 0.041 |
2 | 55128 | 0.039 |
3 | 166185 | 0.038 |
3 | 76831 | 0.037 |
5 | 465164 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 19996 | 1 |
0.043 | 135238 | 2 |
0.044 | 104788 | 1 |
0.045 | 347244 | 4 |
0.046 | 449900 | 3 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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