good afternoon all,
pretty poor showing from cxo today, so I thought we could go round the grounds and get every ones take on it.
Was away from the screen from mid morning when it was trading at 0.175 so a bit shocked to see it down at 0.13 at close.
what drove today sell down?
(a) management releasing price sensitive information via the Directors presentation without a trading halt?
(b) the fact WTDD003 and WTDD005 showed no significant assays?
(c) the fact we have to wait until mid May for the remaining essays to be received?
Personally I think it was poor form on behalf of the Directors not putting CXO into a trading halt first thing this morning.. but other than that, unless you sold on WTDD003 & WTDD005 results.. i'm not sure what else drove the action.
If i've missed anything in the announcements by all means fill me in.
Cash looks ok at $3.1m and with pending assays due in May perhaps this is a good entry around 0.10-0.13?
- Forums
- ASX - By Stock
- CXO
- todays action
todays action
-
-
- There are more pages in this discussion • 28 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 CXO (ASX) to my watchlist
(20min delay)
|
|||||
Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $225.0M |
Open | High | Low | Value | Volume |
10.5¢ | 10.8¢ | 10.0¢ | $530.2K | 5.073M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
214 | 14378761 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 854495 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
212 | 14028761 | 0.100 |
11 | 457441 | 0.099 |
13 | 353111 | 0.098 |
6 | 369450 | 0.097 |
4 | 223581 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 854495 | 13 |
0.110 | 4596109 | 38 |
0.115 | 3079757 | 40 |
0.120 | 7897099 | 64 |
0.125 | 4405721 | 56 |
Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
Featured News
CXO (ASX) Chart |
The Watchlist
NUZ
NEURIZON THERAPEUTICS LIMITED
Michael Thurn, CEO & MD
Michael Thurn
CEO & MD
SPONSORED BY The Market Online