Hi all, these are the options:
A cr in the near term
A share price increase to 10+ cents based on the publicity and expectations, which will provide a money inflow out of the option conversion.
A jv which will result in money spend by the jv partner instead of CXO.
I agree with Fast and bought slighty less than 1% of this Company at sub 3.5 cents. A risky investments that can be rewarded big time but which can also be horrible if a massive cr is announced.
CXO fits in my risk profile, that's the reason I am investing in microcaps instead of BHP, RIO etc....
Please DYOR, what goes up quickly can also fall quickly...
Cheers
coverage, page-30
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $257.1M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 12.0¢ | $733.2K | 6.101M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 2280928 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 3364008 | 32 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| CXO (ASX) Chart |