CUS 2.15% 9.1¢ copper search limited

mike...Yes....looking good...buyers were loading up today and I...

  1. 3,475 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
9.1¢
Change
-0.002(2.15%)
Mkt cap ! $10.21M
Open High Low Value Volume
9.3¢ 9.3¢ 9.1¢ $21.39K 233.1K

Buyers (Bids)

No. Vol. Price($)
1 76000 9.0¢
 

Sellers (Offers)

Price($) Vol. No.
9.6¢ 30000 2
View Market Depth
Last trade - 15.58pm 28/06/2024 (20 minute delay) ?
CUS (ASX) Chart
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