CXO 0.00% 10.0¢ core lithium ltd

@ Horst, when CORE board of directors authorised the CR of $ 100...

  1. 153 Posts.
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    @ Horst, when CORE board of directors authorised the CR of $ 100 mil at large discount from market rate, it showed what board thought the real value of the shares was even though they traded at $1.8 plus. The $1 share price now assumed by all analysts and GS updated its value to $0.9 based on board’s decision of CR.

    Now until market sentiment improves e.g, lithium carbonate price is going up to all time high, Li demand doubles or Core has found large quantities of gold as byproduct, it’s hard for SP to recover towards $2 mark in near future. DYOR
 
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