CXO

5.10%

9.3¢ core lithium ltd

I bought 10k worth 2nd day (all I had lying around at the time)...

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UpTheDuff

202 Posts.

36

01/09/21

17:06

Post #: 55757002
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Originally posted by Bluegoose: ↑

I would hate to think that those applying for the SPP in the last couple of days now that the price is up, will get as many shares as myself and others that applied in good faith straight away, based on the companies advice.

I wonder if the company will reward the loyal holders rather than the people looking for a quick trade and a few bucks!!

I find the last line of the following paragraph interesting but not sure if that is just standard for most SPP's, or whether the company will in fact take into account things like application date and especially those that sold a few hoping to sneak back in lower. Surely they will see that some holders weren't really committed until they saw the possible short term gains right at the end.

Let's see.....................

The Plan is targeting to raise up to $15 million, however the Company reserves absolute discretion regarding the
final amount raised under the Plan. If total demand for the SPP exceeds $15 million, the Company reserves the
right to close the SPP early and/ or scale back applications (or to increase the amount raised) in its absolute and
sole discretion (subject to the maximum amount permitted under the ASX Listing Rules). When determining the
amount (if any) by which to scale back an application, the Company may take into account a number of factors,
including the size of an applicant’s shareholding, the extent to which Eligible Shareholders have sold or bought
additional Shares after the Record Date and the date an application was made. Scale back for Shares held by
Custodians will be applied at the level of the underlying beneficiary. Eligible Shareholders are therefore
encouraged to submit their applications early.

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I bought 10k worth 2nd day (all I had lying around at the time) and I've applied for another 10k today (might be late on this one...) but with a CC. I hedged my bets and loyalty will pay. Holding long term on this one. I can see this push 50c after shares from this SPP have been deliverered and weak hands have been shook.

1 buck by pre-production on current public company info and sector sentiment. GLTAH.

This company will be worth 2b 2022 easy. most likely pushing 4b in 2025 and much more once hydroxide porudciton and further resources have been confirmed.

GLTAH and I hope you get all the shares you aplpied for.

CXO Price at posting: 35.5¢ Sentiment: Buy Disclosure: Held
15 Upvote

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(20min delay)
Last 9.3¢		Change -0.005(5.10%)		Mkt cap ! $198.7M

Open	High	Low	Value	Volume
9.9¢	10.0¢	9.3¢	$3.295M	34.70M

Buyers (Bids)

No.	Vol.	Price($)
7	365887	9.3¢

Sellers (Offers)

Price($)	Vol.	No.
9.4¢	883409	8

View Market Depth

No.	Vol.	Price($)
3	160000	0.093
8	228042	0.092
5	162000	0.091
15	566558	0.090
6	244301	0.089

Price($)	Vol.	No.
0.094	814846	6
0.096	114900	3
0.097	280988	2
0.099	510000	3
0.100	414411	8

Last trade - 16.10pm 28/06/2024 (20 minute delay)

CXO (ASX) Chart

I bought 10k worth 2nd day (all I had lying around at the time)...

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I bought 10k worth 2nd day (all I had lying around at the time)...

Top Stories

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Recce's R327 found effective against E.coli during clinical trial

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Microcap Wrap: 5 explorers with news out today

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Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

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Featured News

Buyers (Bids)

Sellers (Offers)

Featured News