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so you took your full allocation in the SPP right?

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fup

1,086 Posts.

95

15/03/24

13:53

Post #: 72905877
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Originally posted by Happ: ↑

Very transparent update and that interview linked by @Jaliso provides further transparency and context.

@fup clearly it's a moving beast, so some items will be below budget, some above budget, some not in the budget, some unnecessary. Management has shown that they are proactive in managing capital expenditure in the best interests of shareholders. What is even more important is that they are transparent and prepared for scrutiny rather than hiding or concealing. It is very rare attribute these days and they have listened to the shareholders.

Interview with MD confirms what many were suspecting. It was difficult to get debt without history of operations and extra equity. The management attempted its best to design an exotic solution.

They could have raised earlier but I think they were caught off guard by someone screwing them through share price while the debt negotiations were happening. People tend to project their own qualities on to the others. I see management with integrity.

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so you took your full allocation in the SPP right?

CXM Price at posting: 5.5¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 4.9¢		Change 0.000(0.00%)		Mkt cap ! $42M

Open	High	Low	Value	Volume
4.9¢	4.9¢	4.8¢	$19.1K	391.7K

Buyers (Bids)

No.	Vol.	Price($)
1	203659	4.9¢

Sellers (Offers)

Price($)	Vol.	No.
5.0¢	165397	2

View Market Depth

No.	Vol.	Price($)
1	203659	0.049
4	141999	0.048
3	122809	0.047
1	64892	0.046
3	122703	0.045

Price($)	Vol.	No.
0.050	165397	2
0.051	234463	2
0.052	90000	1
0.053	100000	1
0.054	267000	2

Last trade - 13.49pm 15/05/2024 (20 minute delay)


Last 4.9¢			Change 0.000 ( 0.00 %)
Open	High		Low	Volume
5.0¢	5.0¢		4.8¢	310241
Last updated 14.58pm 15/05/2024 ?

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