All it takes are peanuts to be life changing when a stocks so incredibly undervalued.
Considering the profit each year will exceed $100m+, we still have a long way to go before fair value.
Now whilst CYM won't pay dividends to start - when it does in a couple of years, it could be paying out $400m+ pa from a 100kt operation.
Which effectively means, for each dollar invested at theses prices, you'll get $4 back each year. I know that's overly simplified, and is certainly a couple years away... But a $15k investment could in theory provide enough for retirement.
Of course all IMO n DYOR.
All it takes are peanuts to be life changing when a stocks so...
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Last
3.9¢ |
Change
-0.004(9.30%) |
Mkt cap ! $59.51M | |||
| Open | High | Low | Value | Volume |
| 4.5¢ | 4.5¢ | 3.9¢ | $331.0K | 8.148M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 274043 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 489532 | 2 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| CYM (ASX) Chart |