CUS 8.93% 6.1¢ copper search limited

this 'price breakout' has so far lacked volume so should be...

  1. 142 Posts.
    this 'price breakout' has so far lacked volume so should be treated with suspicion.
    i think with the current report, the market will start doing its calculations for future earnings and see the potential for customers.
    based on the results for the 1st 6 months, i would expect a reduction of 20% in transaction volume to be a conservative estimate going forward. factor in this 20% reduction with a doubling in revenue (from $1 to $2) and it should make a pretty handsome profit

    of course, the reduction in volume could be a lot worse, but as yet i don't think there's any basis for those assumptions
 
watchlist Created with Sketch. Add CUS (ASX) to my watchlist
(20min delay)
Last
6.1¢
Change
0.005(8.93%)
Mkt cap ! $6.849M
Open High Low Value Volume
5.8¢ 6.1¢ 5.6¢ $9.352K 161.6K

Buyers (Bids)

No. Vol. Price($)
1 70000 5.6¢
 

Sellers (Offers)

Price($) Vol. No.
6.3¢ 32632 1
View Market Depth
Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
CUS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.