The problem now is the SC6 price is too low and FCF is negative. The management have no choice but to suspend operations, preserve cash and wait for the infamous day when the SC6 price starts to rise again. Fortunately CXO has no debt and so they may be able to wait out the storm but their lifespan is determined by how long they have to wait for the price to recover. Too long and they will be whistling dixie.
- Forums
- ASX - By Stock
- CXO
- Ann: Strategic Review Update
Ann: Strategic Review Update, page-184
-
-
- There are more pages in this discussion • 204 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
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $214.3M |
Open | High | Low | Value | Volume |
10.0¢ | 11.0¢ | 10.0¢ | $1.502M | 14.37M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
78 | 5970714 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 250000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
60 | 4873822 | 0.100 |
10 | 526569 | 0.099 |
10 | 358265 | 0.098 |
3 | 220309 | 0.097 |
5 | 1200005 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 250000 | 2 |
0.110 | 6839988 | 87 |
0.115 | 2570220 | 41 |
0.120 | 2208891 | 32 |
0.125 | 1526049 | 28 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
CXO (ASX) Chart |