I agree @Brumbie, whilst I have found myself second guessing my current position over the past few days but I, like you, have little evidence to challenge management at this stage. They have done a good job getting the company to this point, and I for one choose to put faith in the human being....they have not given me a reason not to. I have also been considering whether to buy more with the recent selling, but I am going to wait. I am in this one deep enough as it is, and I will do well if the SP ever starts going up, so I am happy to sit back and will consider options if they do a cap raise.
I agree with @wenty In that I think our excess product will be spoken for in the next few months - there is too much of a future for lithium for it not to be absorbed, and we are currently only talking reserves...there is plenty more to come, just takes a bit of patience. If a company is not committing because they want more than we can currently prove we have, to me, it would seem like a safe bet to secure the potential for future supply rather than wait for it to be proved up and risk having someone else jump in. For this reason, i think that finance will come - its just a case of hold tight and wait, I’m well practiced at that by now anyway.
- Forums
- ASX - By Stock
- Ann: Quarterly Activities and Cashflow Report 31 March 2019
I agree @Brumbie, whilst I have found myself second guessing my...
-
- There are more pages in this discussion • 68 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CXO (ASX) to my watchlist
|
|||||
Last
10.0¢ |
Change
0.012(13.6%) |
Mkt cap ! $213.6M |
Open | High | Low | Value | Volume |
8.8¢ | 10.5¢ | 8.8¢ | $3.413M | 34.89M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 1613594 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 5907724 | 76 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 1613594 | 0.100 |
5 | 466791 | 0.098 |
6 | 515515 | 0.097 |
5 | 464885 | 0.096 |
7 | 720911 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 5907724 | 76 |
0.110 | 2351581 | 40 |
0.115 | 1214895 | 25 |
0.120 | 1500747 | 22 |
0.125 | 928935 | 21 |
Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
Featured News
CXO (ASX) Chart |