Double Macquarie's rating and you would be much closer to the real Low 12 month price
Why anyone would believe a rating from any investment bank is totally beyond me.
Just before the GFC investment banks were paying ratings agencies huge sums to get the rating that they wanted and on basis of " well if you don't give us the ratings that we want well we will just go down the road to someone that will" ( Refer movie "Margin Call " )
You all know that MB has been heavily shorting CXO why would any thinking person believe anything they say.
Ann: Core and Tesla Extend Offtake Term Sheet, page-34
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10.0¢ |
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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 |
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| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| CXO (ASX) Chart |