CXO 0.00% 10.0¢ core lithium ltd

Banter and general comments, page-20551

  1. 11,034 Posts.
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    2 great days of tennis in Sydney! Go Teama USA .... relax just my view.

    And I see my protagonist insists on playing the man and not the ball ... but hey I have my own conspiracy theory to even up the score in conclusion.


    @Johnny66 yes I agree with you. Always read the fine print. But then you have to be consistent. Every piece of analysis has some form of this type of disclosure and every (pretty sure it would be every institution) investment bank has this as standard - earning fees is their bread and butter.

    "Goldman Sachs does and seeks to do business with companies covered in its research reports. As a result, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of this report."

    What about Canaccord Genuity (Australia) - you know the Lead Manager of the Sep'22 soph placement. Page 4 of the presentation middle paragraph - "The Lead Manager (and/or its respective bodies corporate) has performed, and may perform, other financial or advisory services for Core, and/or may have other interests in or relationships with Core and its related entities or other entities mentioned in this presentation for which it has received or may receive customary fees and expenses." etc. etc.

    But don't stop there. Every broker report has some form and there are many forms of PAID BY THE COMPANY "Research Reports", What about just a couple of months back when Macquarie published research

    https://hotcopper.com.au/data/attachments/4952/4952122-b2e0bc010525c8a315862b8c9468329f.jpg

    Besides, what are the odds of Gareth/Simon/CXO doing business with Goldman Sachs? It should be ZERO if they want to maintain any credibility (and their jobs).

    The one thing we all must always do is review the details & verify the details. It aint always easy and look at everything from the perspective of what am I not being told (my favorite of being completely true but not truly complete).


    @Whisky49 and @steadfast100 and thats the problem. I specifically asked for confirmation (as in it means "latter" and as such it would end Nov'23) or correction (as in it was meant to be "later" and therefore given where we are it ends when 300,000 KT SC6 delivered). And y'all know the response received. And of course we know that Ganfeng does not have a ceiling price - what a difference a couple of years makes in who has leverage and who does not.


    Leaving the "best" for last, with a little bit of a twist. The words should have a familiar ring about them,

    BW1 says he holds CXO and recommends it as a buy, and then goes on to create doubt in investors minds but repetitively repeating "THE ASX IS BROKEN". Over and over again in multiple forums (with varying degrees of "success"). Presumably he is hoping that his diatribe will then generate fear in the minds of existing shareholders which induces them to sell or prevents potential new shareholders from buying, thus reducing demand and lowering the stock price.

    Shareholders should decide his intent...they have the right to do that. I would be considering, hard, some of the things he has written. Cockroaches hate the light being shined upon them. I have been accused of being a cockroach. I don't like it because I am not hiding from the light. Nothing to hide here. Multiple buys on my part with no sales (not even the old HC trick of "trading parcel"). But I have to wonder why he has been so vocal about shutting down attempted discovery of what are clearly material terms to an OTA. Maybe he knows exactly what I want to discover. What a trip that would be. Maybe he has "connections" and wants to shutdown discussion on this aspect. Of course he has the right to try do this. Seems he is somewhat successful in his endeavor if you ask me.

    However, the ASX is just the platform that matches buyers and sellers of stock. BUT and its a BIG BUT, this platform has LISTING RULES - that it demands of companies that use the platform. And there is a Listing rule dealing specific with disclosure requirements. Breaching Listing Rules is a serious matter - but somebody has to bring this to the attention of the ASX. It doesn't happen by magic or osmosis. The ASX may or may not agree. If they agree they will talke action to seek disclosure. If they don't then nothing happens ... other than eventually the financials will reflect the average selling price being received.


    So , pretty sure nothing on HC ever moves the SP up or down ... unless y'all think that this is a Reddit meme stock??? That aint investing!!!

    Lithium had a great week. CXO had a great week, PLL had a great week. I had a great week. It would be greedy to ask for this week to be a greater week but hey ... what's the saying ... and be careful with that.
 
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