25% discount to the stated benchmarks is not marginal in a commercial operation, for most businesses that is an exceptional margin to be giving up. Again we don't know what the pre-commercial tonnage price vs normal tonnage price is so maybe closer to the $300USD mark but definately nowhere near the price people were expecting. Especially given the assumption is a shortage of product that customers were madly trying to secure.
Don't get me wrong it's still a very profitable business but the way they have framed and built expecatations is not ideal. They need the NAIF funding to get through, i imagine they were waiting for full year accounts before finishing their due diligence.
- Forums
- ASX - By Stock
- CXM
- Ann: Company Update & Future Outlook
Ann: Company Update & Future Outlook, page-12
-
- There are more pages in this discussion • 66 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 CXM (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.8¢ |
Change
0.002(5.56%) |
Mkt cap ! $32.57M |
Open | High | Low | Value | Volume |
3.7¢ | 3.8¢ | 3.2¢ | $58.54K | 1.619M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 892445 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 666 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 892445 | 0.035 |
1 | 500000 | 0.033 |
3 | 305000 | 0.032 |
1 | 150000 | 0.031 |
4 | 100587 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 666 | 1 |
0.040 | 559333 | 3 |
0.041 | 150000 | 1 |
0.042 | 121586 | 1 |
0.044 | 217715 | 1 |
Last trade - 15.39pm 26/07/2024 (20 minute delay) ? |
Featured News
CXM (ASX) Chart |