Can’t help you with the question about costs,except that I always understood it to be $500 tonne but that may have gone up due to inflation,more employees etc..In regards to it being a big worry about 70% of the shares being traded in the last 6 months I don’t see that as a concern because many would have listened to GS report and sold out with the hope of buying back cheaper.I sold at $1.50,$1.40,$1.12 and $0.925.I bought back in at 0.74,0.75.0.785,0.825 and 0.865..So the end result is that I now hold heaps more shares than I previously did.Yes I took a risk at first but after a while I knew the strategy was a winner.
I doubt that the same opportunity will come along again,certainly not for a long time.The reason is that the new resource upgrade is a game changer and there will be plenty more to come and the price of Lithium will be on the rise.We will be a cash cow from here on and so the game has changed.For me the biggest concern is an early takeover bid at a low price.But I think retailers would have seen the Liontown case and the merits of holding tight.For me I’ll be interested at $2.50+
- Forums
- ASX - By Stock
- CXO
- Ann: Significant Increase to Finniss Mineral Resources
Ann: Significant Increase to Finniss Mineral Resources, page-190
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CXO (ASX) to my watchlist
|
|||||
Last
9.3¢ |
Change
0.005(5.68%) |
Mkt cap ! $188.0M |
Open | High | Low | Value | Volume |
8.8¢ | 9.4¢ | 8.8¢ | $261.9K | 2.892M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 331202 | 9.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.3¢ | 96793 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 512830 | 0.088 |
19 | 266594 | 0.087 |
6 | 172301 | 0.086 |
13 | 809584 | 0.085 |
8 | 357521 | 0.084 |
Price($) | Vol. | No. |
---|---|---|
0.089 | 540410 | 6 |
0.090 | 374208 | 11 |
0.091 | 113684 | 2 |
0.092 | 743720 | 7 |
0.093 | 236747 | 7 |
Last trade - 10.12am 11/09/2024 (20 minute delay) ? |
Featured News
CXO (ASX) Chart |