CXO 5.00% 10.5¢ core lithium ltd

todays action

  1. 2,125 Posts.
    lightbulb Created with Sketch. 132
    good afternoon all,

    pretty poor showing from cxo today, so I thought we could go round the grounds and get every ones take on it.

    Was away from the screen from mid morning when it was trading at 0.175 so a bit shocked to see it down at 0.13 at close.

    what drove today sell down?

    (a) management releasing price sensitive information via the Directors presentation without a trading halt?

    (b) the fact WTDD003 and WTDD005 showed no significant assays?

    (c) the fact we have to wait until mid May for the remaining essays to be received?

    Personally I think it was poor form on behalf of the Directors not putting CXO into a trading halt first thing this morning.. but other than that, unless you sold on WTDD003 & WTDD005 results.. i'm not sure what else drove the action.

    If i've missed anything in the announcements by all means fill me in.

    Cash looks ok at $3.1m and with pending assays due in May perhaps this is a good entry around 0.10-0.13?
 
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Last
10.5¢
Change
0.005(5.00%)
Mkt cap ! $225.0M
Open High Low Value Volume
10.5¢ 10.8¢ 10.0¢ $530.2K 5.073M

Buyers (Bids)

No. Vol. Price($)
214 14378761 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 854495 13
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Last trade - 16.10pm 12/11/2024 (20 minute delay) ?
CXO (ASX) Chart
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