I suspect this may be a buffer ann intended either to:
1. cushion the short-term blow of perhaps not managing to reach agreement with Tesla on worthwhile terms; or
2. bargain a little harder with Tesla by making clear that there is a lucrative spot/auction market available to CXO and they need to meet us closer to our position to do a deal.
Longer term it may not matter either way, although I would speculate that it is [2].
Holding patiently, as always.
I suspect this may be a buffer ann intended either to:1. cushion...
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $213.6M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 9.6¢ | $2.676M | 26.86M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 160000 | 9.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 953527 | 8 |
View Market Depth
| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| CXO (ASX) Chart |