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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Bought more yesterday. I could not resist. High insider and...
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Last
$5.73 |
Change
0.090(1.60%) |
Mkt cap ! $2.994B |
Open | High | Low | Value | Volume |
$5.60 | $5.73 | $5.59 | $4.674M | 821.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5268 | $5.72 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.74 | 37877 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 27838 | 5.380 |
2 | 12741 | 5.370 |
1 | 9762 | 5.360 |
1 | 2000 | 5.290 |
1 | 5 | 5.280 |
Price($) | Vol. | No. |
---|---|---|
5.440 | 9760 | 1 |
5.450 | 14762 | 2 |
5.480 | 14585 | 2 |
5.490 | 15487 | 1 |
5.500 | 16813 | 1 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
CIA (ASX) Chart |