"Now people can surmise why Juniors exploring 'Australian assets' like CXO, RXL, POS etc are all in the 2-6c price range even without significant discoveries."
Reading your post concerns me.
CXO is essentially the same value as CDB. The actual share price doesn't matter, that's a reflection of how many shares are on issue.... share price x number of shares = value or market capitalisation.
what you need to look at is market capitalisation...
CDB Price at posting:
0.9¢ Sentiment: None Disclosure: Not Held