Put simply, a full production rate at Ardmore will produce circa $100,000.000 profit per year for ten plus years. Further drilling will almost certainly increase the resource and production.
Ultimately, a sustainable and long term market capitalisation comes down to quantitative analysis. This is what the institutional types will base their investment decisions on when they buy big. Thi Institutional Investors have arrived and will keep on arriving because the facts are the story.
A Price Earnings Ratio of 10 gives CXM a 1,000,000,000 market capitalisation. This is why the share price did a quadruple flip in three hours on Thursday. Reality is a friend of ours and SAMSUNG is going to play some mighty loud tunes.
My unsolicited advice to Day Trader types is to stop day trading. Park your cash here and watch this inter-generational wealth creating opportunity unfold.
Ragingboom says: BUY, then hold and then go super long and strong. CXM will pay dividends once again. Don’t forget Oxley.
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Last
3.8¢ |
Change
-0.001(2.56%) |
Mkt cap ! $32.91M |
Open | High | Low | Value | Volume |
3.9¢ | 3.9¢ | 3.6¢ | $30.32K | 814.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1600 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 3229 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 250000 | 0.037 |
2 | 197619 | 0.036 |
3 | 152329 | 0.035 |
2 | 63383 | 0.034 |
2 | 180333 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 3229 | 1 |
0.040 | 403817 | 3 |
0.041 | 19973 | 1 |
0.042 | 98833 | 2 |
0.043 | 385739 | 2 |
Last trade - 15.34pm 04/10/2024 (20 minute delay) ? |
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CXM (ASX) Chart |