I subscribe to Newing's website. He is an ex mining analyst. He identifies stocks of interest and does his own research.
I won't cut and paste from his page (it's his copyright) but he did update his view overnight and gives a tentative value of $12 per share. He hasn't prepared a detailed report yet (he sells those separately on his website and is working on others at the moment) and describes the valuation as a "gross simplification".
He sold another stock (FGR) to buy more CXL yesterday but did say there is a chance of a retrace. He remains bullish.
He also referred to some research by Cannacord but I haven't seen that.
CXL Valuation, page-8
-
- There are more pages in this discussion • 10 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 CXL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
95.0¢ |
Change
0.040(4.40%) |
Mkt cap ! $172.5M | |||
| Open | High | Low | Value | Volume |
| 92.0¢ | 98.5¢ | 90.5¢ | $430.5K | 456.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7899 | 94.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 95.5¢ | 163 | 6 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| CXL (ASX) Chart |