CXO 15.4% 10.5¢ core lithium ltd

how big will the rocket launch be, page-56

  1. 738 Posts.
    Under Corp Law they can only issue a certain amt of shares without shareholder approval.

    They can issue 15% at whatever price IE 6.15 mill at say 9 only raising 550t , waste of time to do this, too small amount of funds as they do not need to raise money.
    Under the resolutions voted on at the AGM.

    80% of VWAP 5 days before raising VWAP 13.5 = 10.8 x 6.15mill shares.

    Special Res 75% of VWAP 15 days before raising, VWAP 12.44 = 4.1 mill at 9.33.

    I have reported the seller to ASIC that sold the 281t just before the CR announcement.They put a lid on the stock , I will leave it to ASIC to see if they knew or helped manipuate the share price down.
 
watchlist Created with Sketch. Add CXO (ASX) to my watchlist
(20min delay)
Last
10.5¢
Change
0.014(15.4%)
Mkt cap ! $224.3M
Open High Low Value Volume
9.5¢ 11.0¢ 9.5¢ $3.082M 30.47M

Buyers (Bids)

No. Vol. Price($)
10 970587 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 4326898 59
View Market Depth
Last trade - 13.08pm 08/07/2024 (20 minute delay) ?
CXO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.