At this stage that's not really relevant, the game plan is to be nimble and be able to take advantage of future price upside once this glut is over.
Trading at lower than discovery cost at the moment so it's like land banking if the board know their game, the CFO appointment is seen as a positive step towards that.
Pretty good risk vs reward ratio if you ask me.
Early trade this morning look like smart short covers, when CXO is green for the day it rallies from lunchtime onwards.
GL
At this stage that's not really relevant, the game plan is to be...
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Last
9.3¢ |
Change
-0.007(7.00%) |
Mkt cap ! $198.7M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.2¢ | $2.498M | 26.33M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 323514 | 9.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.4¢ | 483232 | 6 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |