CIA 0.18% $5.64 champion iron limited

Ship Schedule update, page-22

  1. 32 Posts.
    Bought more yesterday. I could not resist. High insider and institutional ownership around 38%. Maybe a US investor is selling due to US political risks. Fundamentals seem tremendous. My target is $2 billion market cap based on cash flow projection x reasonable multiple so 3 to 4 bagger. Upside for phase 2 will come into play when CIA can increase borrow by $100M to fund engineering and long leads. Look for a $300M placement to occur if the SP goes to $3.00/sh. Once ph 2 is up then SP of $5.00/sh seems reasonable for an exit strategy. Let's see if it all works out. I can envision better and worse scenarios so that is my p50 investor case with a 2 to 3 year time frame.
 
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Last
$5.64
Change
-0.010(0.18%)
Mkt cap ! $2.994B
Open High Low Value Volume
$5.69 $5.76 $5.64 $6.554M 1.153M

Buyers (Bids)

No. Vol. Price($)
1 207 $5.64
 

Sellers (Offers)

Price($) Vol. No.
$5.65 35599 3
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Last trade - 16.10pm 28/11/2024 (20 minute delay) ?
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