Right now there are couple of very positive trends for CTM:
- Brazilian Real down 20% against the USD
- Stronger iron ore prices
If everything stays the same, this company has a bright future and is very undervalued at the moment in my opinion.
Hopefully we will see events occur in the following order:
#1 Life-of-mine off-take agreement
#2 Considerable share price increase
#3 CR combined with financing agreement
However, there are many uncertainties (and associated risks) with regards to the world economy. Who knows what will happen next :-)
fingers crossed !, page-4
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Last
39.5¢ |
Change
0.025(6.76%) |
Mkt cap ! $196.0M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 40.3¢ | 37.0¢ | $230.3K | 591.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 48693 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 84112 | 1 |
View Market Depth
| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| CTM (ASX) Chart |