cxo made $100m free cashflow this qtr, if we annualise that then they are trading at less than 4 times free cashflow.
The sales and price of lithium are both going to be better in the following qtrs so the valuation is even better.
I bought a 2nd parcel at 76c and will buy a 3rd if it goes to 66c or below. Hopefully it does so I can load up more
Ann: Quarterly Report and Production Guidance/Cashflow Report, page-197
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $214.3M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 11.0¢ | 10.0¢ | $1.502M | 14.37M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 78 | 5970714 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 250000 | 2 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| CXO (ASX) Chart |