CXO 6.67% 9.8¢ core lithium ltd

No, it's not just you, B of H. The year is slipping away fast! I...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 7,509 Posts.
    lightbulb Created with Sketch. 1167
    No, it's not just you, B of H. The year is slipping away fast! I feel management got caught out badly earlier this year by wrongly anticipating that the DFS would put a rocket under the SP and that Hartleys would be taking up their 8c options. With the benefit of hindsight they should have sprung a CR at 5c prior to DFS release and that would have enabled drilling to commence by early May at latest. Now we've lost a couple of months and aren't likely to receive first assays for many weeks yet; probably about 1st Sept. That means any resource or reserve upgrades will probably be Q4. So, basically, we can't expect assay results to help the SP for a while. That'll have to come down to other announcements. In the meantime it's impossible to see the SP getting past the very low 4s because there's a whole host of holders determined to get their pips and they don't look like backing off - and why would any buyer try to take them out at present until news is forthcoming? It's so disappointing!
 
watchlist Created with Sketch. Add CXO (ASX) to my watchlist
(20min delay)
Last
9.8¢
Change
-0.007(6.67%)
Mkt cap ! $210.0M
Open High Low Value Volume
10.5¢ 10.5¢ 9.8¢ $6.405M 65.16M

Buyers (Bids)

No. Vol. Price($)
3 1644860 9.8¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 2435187 25
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
CXO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.