CXO 1.11% 8.9¢ core lithium ltd

I hope you don't have to pay over 10 cents to reenter. Let's...

  1. 9,253 Posts.
    lightbulb Created with Sketch. 891
    I hope you don't have to pay over 10 cents to reenter. Let's think about the timing.

    Tomorrow should see a placement at 9 cents hit the market and current share price is 8.5 cents. This creates an arbitrage opportunity for the lucky few.

    Hartley's have barely sold when the SP dipped below 9 cents and may have soaked a lot of volume from nervous nellies.

    I am sure management will want to see the SP above 9 cents following the placement. Expect some juicy news. Management only need to release extensions to existing finds and the SP is well north of 10 cents. Add a few more diamond drilling rigs (1 at BP33 and 2 at Grants) and this will set the share price north.

    Future drilling programs are imminent. I suspect 0.5 cents will be closed on the open with plenty of upside. Let's bring on tomorrow.
    Last edited by prosperity: 02/11/16
 
watchlist Created with Sketch. Add CXO (ASX) to my watchlist
(20min delay)
Last
8.9¢
Change
-0.001(1.11%)
Mkt cap ! $192.3M
Open High Low Value Volume
9.0¢ 9.1¢ 8.7¢ $944.1K 10.56M

Buyers (Bids)

No. Vol. Price($)
11 347626 8.9¢
 

Sellers (Offers)

Price($) Vol. No.
9.0¢ 257296 13
View Market Depth
Last trade - 12.04pm 04/09/2024 (20 minute delay) ?
CXO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.