Yep, I get it, but on any measure in this environment the company looks undervalued.
The nickel rush is on and there are very few projects like this .... I think the vale offtake could well be the stick in the wheel here. If CTM was a takeover play I'm sure a tesla/ford/Mercedes/BMW or GM would have come calling by now ...
No takeover premium here. No iron ore premium. Instead we are being valued on a small slice of what we appear to have .. and undervalued on that
Trading day running commentary, page-298
Add CTM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
47.0¢ |
Change
-0.030(6.00%) |
Mkt cap ! $232.9M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 50.5¢ | 46.5¢ | $357.1K | 737.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 29784 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 16094 | 2 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
|
|||||
|
Last
47.5¢ |
Change
-0.030 ( 4.50 %) |
||||
| Open | High | Low | Volume | ||
| 50.0¢ | 50.5¢ | 46.5¢ | 129369 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| CTM (ASX) Chart |