That rumour is out and about a bit atm and at anywhere near CXO’s MC level x anything up to 2-2.5 times would probably be good value. Was listening to an analyst the other day saying this li sentiment and sell off has presented some bottom dollar discounts all dependant on how the EV market reacts in the coming year or two. The analyst also suggested that the equation on supply v demand has been modelled incorrectly as BYD and Tesla both up until recently focussed on the smaller cars which take anywhere between 2-8 kilograms of lithium whereas the bigger pickup trucks like the lightning and others will have up to 20kg per vehicle, they have not really moved into full speed ahead mode yet but it’s coming. Min can pick up CXO and it’s neighbouring lithium companies for a song atm with an operating plant that screams value all on the doorstop of Indo Asia, not to mention CXO having plenty of unexplored landholding in particular at Barrow Creek. Money in the bank and cheap as chips I’m thinking they would be mad if they don’t have a dip while sentiment is on the nose like it is.
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Last
$43.13 |
Change
1.840(4.46%) |
Mkt cap ! $8.475B |
Open | High | Low | Value | Volume |
$41.25 | $43.80 | $40.80 | $94.60M | 2.233M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | $43.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$43.24 | 1751 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 43.050 |
2 | 400 | 43.000 |
2 | 31573 | 42.800 |
3 | 7710 | 42.790 |
2 | 227 | 42.750 |
Price($) | Vol. | No. |
---|---|---|
43.240 | 1751 | 1 |
43.250 | 48 | 1 |
43.330 | 499 | 2 |
43.360 | 53 | 1 |
43.400 | 1000 | 1 |
Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
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