A couple ways to trade here:
1 : Open leverage short position at 40c and close up position at 20c will give a whopping 250% to 300% profit
2 : Buy ordinary shares at 40c and sell at 80c will give a 100%
In reality , for SP to reach 20c is very very likely , means short sell for 300% profit is possible
For SP to reach 80c is determined as impossible , by looking at both fundamentals and technicals
Holders are burnt so bad with CXO, this means shorts are making huge profit
CXO $0.1 party 2023, page-16
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $219.0M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $952.5K | 9.387M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 47 | 2769463 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 7140317 | 76 |
View Market Depth
| Last trade - 13.23pm 12/09/2024 (20 minute delay) ? |
| CXO (ASX) Chart |