I get it. The normal thing is for CU6 to find a base at closer to $2, and move higher in time. It’s what we are use to seeing.
I don’t see it with CU6. But I don’t expect not to see it.
In many cases, we’ll see a sub holder notice. One buyer. They pause/stop buying and reversals and bases form. I don’t think the CU6 buying is from one buyer. Competing buyers?
And I think there is still a disparity between the current valuation and results. A disparity that favours a higher value, created by multiple buyers.
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 (20min delay)
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Last
$2.52 |
Change
0.130(5.44%) |
Mkt cap ! $810.1M | |||
| Open | High | Low | Value | Volume |
| $2.39 | $2.54 | $2.37 | $5.141M | 2.072M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6820 | $2.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.52 | 3500 | 1 |
View Market Depth
| Last trade - 16.17pm 27/06/2025 (20 minute delay) ? |
| CU6 (ASX) Chart |