The shorters spread Core is equivalent to Atlas Iron at 2015 to 2016.
I had been through that period and can confirm it was totally different.
(AUD) Core Now Atlas 2015 1 Cost price $900 per ton of SC $50 per ton of Iron Ore 2 Major supplier cost price $700 to $1000 per ton of SC $20 per ton of Iron Ore 3 Product spot price $2,000 $45 4 Debt 0 $267Million
I am not sure about other lithium stocks, but Core is definitely in the better position compared to last few quarters. Even if SC6 price dropped to $900 AUD per ton, Core will be still here patiently waiting for the SC6 back up to $5000AUD level and making huge profit.
The share price now is ridiculously attractive. I believe this is due to the information gap. Had been in the ASX market since 2006 and this kind of opportunity is very rare.
Just imo, please DYOR.
- Forums
- ASX - By Stock
- CXO
- Banter and general comments
Banter and general comments, page-34609
-
-
- There are more pages in this discussion • 4,356 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
(20min delay)
|
|||||
Last
11.0¢ |
Change
0.010(10.0%) |
Mkt cap ! $235.0M |
Open | High | Low | Value | Volume |
10.5¢ | 11.5¢ | 10.0¢ | $3.029M | 27.71M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 374502 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 3715512 | 56 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 374502 | 0.110 |
38 | 5756474 | 0.105 |
81 | 6496362 | 0.100 |
6 | 1224070 | 0.099 |
8 | 362908 | 0.098 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 3605512 | 54 |
0.120 | 3289174 | 42 |
0.125 | 899974 | 18 |
0.130 | 783906 | 18 |
0.135 | 942802 | 15 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
CXO (ASX) Chart |