In Fact the Mid point should be awarded, given this is Hard Rock Spodumene, Infrastructure in place and Ports close by and NT Govt right behind CXO to bring to market.
One could easily argue a premium v AJM or KDR.
Its not that hard to justify the 73c actually ..... Mid Point 37-50c range is acceptable but still undervalued.
But 9.2c ...please. Absurd.
.....this is a very rare opportunity right now.
Best on ASX if you ask me.
GLTAH and DYOR.
GG
CXO October Valuation = 37c, page-3
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $257.1M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 11.5¢ | $1.539M | 12.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 57 | 4067787 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 693686 | 11 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| CXO (ASX) Chart |