Anyway Seeing I have few days off I thought I would post this.
I have mentioned before that IMO GCY with a market cap of about $250m is probably the best benchmark I can find for CMM who market Cap is currrently about $50m. Albeit that GCY are much closer to first pour than we are if they haven't just done it..
As you can see from the GCY chart they had their initial spike and the resumed a multi year Downtrend. Before the moving to production phase which rerated the company as excitement builds. CMM thus far has followed the same pattern.
I have also posted before the junior explorer Stock Price chart. What I have done below is to put that altogether. You can see strong correlation between the Explorer Stock Price chart and the GCY weekly chart.
Then have a look at the CMM weekly chart for comparison.. I have further marked on the Explorer Stock price chart where I believe the relative positions of GCY and CMM to be. Hope this explains my passion and excitement for the nearish further of this stock
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Last
$6.41 |
Change
-0.080(1.23%) |
Mkt cap ! $2.397B |
Open | High | Low | Value | Volume |
$6.59 | $6.60 | $6.35 | $5.091M | 793.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2857 | $6.40 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.41 | 1389 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 135 | 5.570 |
5 | 14915 | 5.550 |
2 | 7023 | 5.540 |
4 | 10250 | 5.530 |
1 | 3000 | 5.520 |
Price($) | Vol. | No. |
---|---|---|
5.600 | 26965 | 9 |
5.610 | 9400 | 4 |
5.620 | 15379 | 3 |
5.630 | 13592 | 3 |
5.640 | 6546 | 1 |
Last trade - 16.10pm 02/12/2024 (20 minute delay) ? |
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CMM (ASX) Chart |