Hi
Im very much learning too. However I've been spending a fair bit of time looking TA just to support FA so I can pick good entries.
Yes SMD and CMM both have under appreciated assets ATM. SMD is a great buy especially if it breaks out above 2.3. They do indeed both have the one and same Peter.
CMM is just a little nervous because the shares that have come out of escrow recently. I can only imagine they don't want to offload at these prices and that further supports my THEORY of the bounce in the low 9s.
Furthermore I remember about 12 months ago CMM had a valuation of about 26c on less ounces and a lower grade than has since been discovered. Once drilling has been finalised and the DFS is done, including the ounces and grade upgrades I have to think that the 26c valuation will be a thing of the past.
Whether the market gives us a fair price is yet to be seen. Dacian has a fair value IMO. Either way if you're in for the long haul to production we will all be big winners.
GL
- Forums
- ASX - By Stock
- Ann: Quarterly Activities and Cashflow Report December 2016
Hi Im very much learning too. However I've been spending a fair...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CMM (ASX) to my watchlist
(20min delay)
|
|||||
Last
$6.43 |
Change
0.010(0.16%) |
Mkt cap ! $2.397B |
Open | High | Low | Value | Volume |
$6.43 | $6.55 | $6.42 | $531.6K | 82.04K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 205 | $6.43 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.44 | 2986 | 24 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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 - 12.40pm 04/12/2024 (20 minute delay) ? |
Featured News
CMM (ASX) Chart |