The cap raise did some serious damage with the dilution and raise amount. GM may have had it in his head that it was some negligible short-term collateral damage in order to set a clean slate with the market. I think he has his work cut out in the short term but CXO is at least producing so I can't see it going too much lower than here.
Fingers crossed.
Banter and general comments, page-33098
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Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $235.0M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.5¢ | 11.0¢ | $3.280M | 27.73M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 83 | 3951141 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 1216688 | 6 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |