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
4.3¢ |
Change
0.001(2.38%) |
Mkt cap ! $65.56M | |||
| Open | High | Low | Value | Volume |
| 4.2¢ | 4.4¢ | 4.2¢ | $132.1K | 3.119M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1101911 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 544417 | 3 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| CYM (ASX) Chart |