Most of this has been discussed and dissected on the LTR thread, China is basically manipulating the prices and until this gets sorted every Li mine is Australia is going to be in a lot of pain. CXO I believe has other problems of its own but I think the question now is, how good is the management? The thing with a mine in care of maintenance is that it becomes an easy takeover target, and if these vulture shorters continue to get onto the back of the SP it will make it very hard to raise capital if they need to. Just remember the biggest EV Li battery market is the Chinese, not the US.
Banter and general comments, page-37791
-
- There are more pages in this discussion • 1,186 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CXO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.0¢ |
Change
0.010(10.0%) |
Mkt cap ! $235.0M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.5¢ | 10.0¢ | $3.029M | 27.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 374502 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 3715512 | 56 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |