this is cheap. market cap to the right $325m. PLL's is $869M. Arguably PLL should be higher as have the resource in the USA, but the discount shouldnt be more than say 30%. Both have similar amount of lithium. That gives CXO a market cap right now of around $670M. Thats around a double from here just for the valuation side and not the EV growth side of things(daily pumps).
Expect a big up day coming when more news $ hits. e.g. expanded the lithium resource. further offtakes. development. etc etc.
this is cheap. market cap to the right $325m. PLL's is $869M....
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Last
8.4¢ |
Change
0.001(1.20%) |
Mkt cap ! $179.5M | |||
| Open | High | Low | Value | Volume |
| 8.3¢ | 8.5¢ | 8.3¢ | $563.0K | 6.714M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 1076946 | 8.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.5¢ | 896452 | 10 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| CXO (ASX) Chart |