CUS 2.50% 7.8¢ copper search limited

eofys, page-7

  1. 3,500 Posts.
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    mike...

    Yes....looking good...buyers were loading up today and I like the MACD crossover. It's had a good little breather at $2.20
    and more certainly has established a new level of support at 2.20 Short term resistance of $2.25 has been broken through today and could well be the continuation of the uptrend.
    Regardless the Ord Minnet price target of $3.14 is conservative at a PE of 10. At a PE of 13 which is average in the market now would give a price target of $4. As I keep going on.....CUS now has consistent, predictable revenue as well as costs ( to a large degree ) therefore profit is predictable...therefore the share price over time will reach it's target. What are your thoughts what PE the market will decide upon for CUS in August 2010 ?

 
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Last
7.8¢
Change
-0.002(2.50%)
Mkt cap ! $8.859M
Open High Low Value Volume
7.9¢ 7.9¢ 7.8¢ $17.16K 218.7K

Buyers (Bids)

No. Vol. Price($)
1 40000 7.1¢
 

Sellers (Offers)

Price($) Vol. No.
8.5¢ 82132 1
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Last trade - 16.10pm 12/09/2024 (20 minute delay) ?
CUS (ASX) Chart
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