I saw that Morning Star had it 8c last week and good to see it going up. I assume that this is the valuation based on current resources and so with an increase in reserves, it should the valuation should increase by a multiple of 9c.
Even though we have had three good days of trading with nice volumes, it still represents only about 2-3% of shares. This suggests that most SHs are holding on to their shares knowing that the SP will go up significantly after a resource upgrade, finance, offtakes and other positive news.
CXO the timing is perfect, page-79
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Last
10.3¢ |
Change
0.006(5.67%) |
Mkt cap ! $213.6M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 9.8¢ | $998.0K | 9.972M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 1221175 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 3651528 | 53 |
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| Last trade - 11.07am 11/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |