CXO 2.38% 10.3¢ core lithium ltd

Is it a mistake, page-7

  1. 2,171 Posts.
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    Hey Mav29,

    Welcome to the CXO crew. We have a good wee gathering of holders here so no doubt you'll probably find your groove here pretty quickly as people are pretty friendly. Not to give you too much of a rude awakening to the stock but it's entirely possible that the share price could potentially dip in the coming days now that we have just undertaken a SPP. So far, the Share Price has held up remarkably well and there was a distinct lack of otherwise expected churn on the market today, indicating that a lot of holders out there aren't prepared to flick the shares for a few cents profit when they know more is likely in store for them in future.

    That being said, it's entirely possible that we still see a downturn in price as that tends to be the more regular pattern in these scenarios. In this instance however, given that we are possibly a 2-6 weeks away from a FID being made, the trend is being bucked for obvious reasons as the holders know that that very substantial company changing news is just around the corner.

    As mho25 said, If you can't afford to lose your investment, you shouldn't invest it. DYOR and use common sense etc but that being said, as _ebit said, make your assessment on if its any good not on the next few weeks fluctuations but 3 months from now, 6 months from now, 12 months from now etc. My bet is that you're probably going to feel extremely vindicated that you put money into it.

    Best of luck mate
    Last edited by Kiwisfly9: 09/09/21
 
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Last
10.3¢
Change
-0.003(2.38%)
Mkt cap ! $214.3M
Open High Low Value Volume
10.5¢ 10.5¢ 10.0¢ $367.1K 3.577M

Buyers (Bids)

No. Vol. Price($)
218 14039868 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 1879588 24
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Last trade - 11.55am 15/11/2024 (20 minute delay) ?
CXO (ASX) Chart
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