CXO 4.65% 9.0¢ core lithium ltd

Ann: A$100m Institutional Placement, page-135

  1. 2,606 Posts.
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    What changed negatively from $1.68 last week ??? Nothing actually all the news is pretty good.

    It was a technical fall last 10 days so a technical rise back is due.

    Gangfeng gone from the register is a good thing. What bloody good do they do ?? They are contracted to buy some of rhe Lithium but who cares if Tesla is already a buyer which they are.

    So 100m placed Shares all absorbed and tucked away in tight hands. Not in hands of Asian and Aussie scumbag hedge funds. Those assholes who were insider trading are all caught short.

    - $100m in hard cash already banked giving the company 1/4 billion in cash, and no debt ...niiice

    - Better share register with instos who will need to add more as the SP rises as almost nothing else in the ASX200 is rising except this...(before this technical, non operational fall)

    - Lithium Production, Revenue and Cashflow starting this quarter with insane Spodumene prices. Come to Papa !

    Gangfeng trader gone......but who has stepped up.....is the big question.

    We shall know soon enough.....

    Sleep well this has been a very good day if you are not a scumbag Aussie/Asian inside trading short who learned of Gangfeng exiting.

    CXO mgt have then acted fast to protect the value of the company with $10]m cash and a North American investor Bravo.



 
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Last
9.0¢
Change
0.004(4.65%)
Mkt cap ! $192.3M
Open High Low Value Volume
8.4¢ 9.0¢ 8.2¢ $2.269M 26.12M

Buyers (Bids)

No. Vol. Price($)
2 56007 8.9¢
 

Sellers (Offers)

Price($) Vol. No.
9.0¢ 1130477 35
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Last trade - 16.10pm 26/06/2024 (20 minute delay) ?
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