CYM 2.38% 4.3¢ cyprium metals limited

Absolutely. It's good to be back away from those ludicrous...

  1. 315 Posts.
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    Absolutely. It's good to be back away from those ludicrous prices. Jealous of all those first time buyers below 20c. However, the share price is still heavily discounted. There's a lot of people waiting on the sidelines for even the slightest pull-back. And even more spectators gambling on waiting for news regarding finance.

    If Finance is 100% debt with no capital raise. CYM is going to fly. And IMO anyone whose waiting for the share price to "come to them" will be left behind. There's no longer any significant risk to justify discounting the share price this much. The next part of CYM's journey is a walk in the park.

    When you consider future earnings... Investing into a company with a PE of 1 is almost unheard of in this century. Maybe Warren Buffet got lucky growing up in the 50's finding such undervalued small caps, because the market was near as sophisticated as it is now. But today; the pickings are slim and fortune favours the bold. Still x7 upside from here over the next year or so. And if you're prepared to wait until the second/third mine, you can multiple today's share price by a minimum of 30.

    All IMO & DYOR.
 
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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
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