Absolutely. It's a perfect top up opportunity for long term investors.
The world is going to consume a mind boggling amount of copper over the next 10-15 years to meet carbon neutrality, and the supply just isn't there.
CYM is a bargain with copper prices between $3-$4/lb ($4.20lb currently).
Unless investors are expecting a complete economic collapse - a copper super cycle in my opinion will likely take place.
why CYM is a Billion $ company in the making, page-25
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Last
4.4¢ |
Change
0.002(4.76%) |
Mkt cap ! $67.08M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.4¢ | 4.1¢ | $164.2K | 3.856M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 867805 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 634685 | 3 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| CYM (ASX) Chart |