Tinny, I went back through the company announcements prior to the commencement of the downtrend and everything to me looks positive, Cu price over 4 $/lb and looking strong. The broader market was going strong
This announcement on 11th May contains a beautiful looking chart with the SP at 33.5c and a nice uptrend
I do not underestimate the power of algorithmic trading and the ability of a predator to manipulate the SP down from 33c to 11c with the help of some missed deadlines and a downturn in copper but both of these these are minor delays, copper will be over 4 $/lb soon and funding will come (some time) and a poorly timed cap raise, just 2 days after the Glencore announcement.
The fundamentals are the same if not better than May 2021 and we are closer than ever to leaching the tailings and the SP is 11c???? 1/3 the price it was in May 2021............ No wonder Baz is biting down on his mouthguard and swinging hard lol
market cap 11th May 2021 $183m
market cap 13th Aug 2022 $80m
And we are one big announcement away from FID, good luck to those who have not already taken a sizable long position.
- Forums
- ASX - By Stock
- CYM
- Chart
Chart, page-229
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CYM (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $56.46M |
Open | High | Low | Value | Volume |
3.7¢ | 3.7¢ | 3.5¢ | $29.91K | 825.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 77732 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.7¢ | 170421 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 77732 | 0.035 |
3 | 318409 | 0.033 |
3 | 1343780 | 0.032 |
1 | 5000 | 0.031 |
4 | 333300 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.037 | 170421 | 3 |
0.038 | 721845 | 3 |
0.039 | 640000 | 2 |
0.040 | 451062 | 2 |
0.041 | 377200 | 2 |
Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
Featured News
CYM (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online