My feeling is that CIA will re rate once phase 2 commences production. The share price doesn't reflect the phase 2 earnings yet. Once phase 2 comes online those earnings will get factored into the share price and it should re rate.
Also shipping costs are killing CIA at the moment. Next year a combination of shipping costs coming back to normal and phase 2 starting up.....as long as IO prices hold up okay then hopefully the share price will re rate.
Although personally I prefer the share price to stay lower for longer so I can buy more...
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Last
$6.25 |
Change
0.130(2.12%) |
Mkt cap ! $3.239B |
Open | High | Low | Value | Volume |
$6.30 | $6.47 | $6.16 | $22.44M | 3.570M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 516 | $6.22 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.25 | 12041 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 516 | 6.220 |
1 | 2000 | 6.200 |
1 | 1600 | 6.150 |
2 | 5500 | 6.120 |
1 | 5000 | 6.110 |
Price($) | Vol. | No. |
---|---|---|
6.290 | 3600 | 1 |
6.320 | 5050 | 1 |
6.360 | 2900 | 1 |
6.400 | 850 | 1 |
6.410 | 4622 | 1 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
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