I just question their wisdom in the execution. They had enough money to last this quarter. We have PFS, assays, more drilling starting and more assays, resource upgrade at Grants, initial JORC at BP33 all coming up this quarter.
I would have sold into any those announcements and am pretty sure could have achieved a sale starting with a 7. Thats an extra $130k for LTR as well.
Agree with you though, it did hold up well. The only day it came under real pressure was the day they sold 7m shares on Wednesday. You did well picking up at 6c. I think you will do well from those.
@Hotrock1 , I am stuck at 5.1c as well. Oh well, gamble did not pay off. I think 6c will be the cheapest we can get them. Going to have to step up. I think I will.
I have a feeling this was the last bargain price event for CXO with what is coming. July's EOF LTR sale will not be anywhere near as good imo.
Have a good weekend all.
I just question their wisdom in the execution. They had enough...
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $225.0M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.3¢ | 10.5¢ | $536.3K | 4.933M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 96 | 4283334 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 1066000 | 5 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| CXO (ASX) Chart |