CUS copper search limited

interesting day..., page-13

  1. 3,556 Posts.
    lightbulb Created with Sketch. 134
    Yes...agree...I reckon Calendonia is soaking up stock and building a position. They recently moved to 11%. ORD MINNET latest update had CUS at $3.20 target. Macquarie Australian
    Conference presentation highlighted the point that the model is simple to understand but difficult to duplicate. As the landscape becomes more competitive expect cash starved deployers to offer themselves for sale to CUS. The fact CUS has not taken any out yet means they have not priced attractively enough yet. Trading update expected early to mid June as per last year. Big wash out volumes with the day finishing at $2.70 means support may have been reached. Lucky buyers at $2.52 today.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.