I’m happy for the modest divvie. It’s enough for me and I prefer they expand organically and go downstream which will be capital intensive and risky on the chemical side of things. Keeping a large cash buffer is prudent. We never know what the market may throw at us.
It’s not easy so hopefully CXO can get on it’s feet, get a cash buffer at some stage and some breathing room.
I’m happy for the modest divvie. It’s enough for me and I prefer...
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Last
9.2¢ |
Change
-0.002(2.13%) |
Mkt cap ! $196.5M | |||
| Open | High | Low | Value | Volume |
| 9.5¢ | 9.6¢ | 9.2¢ | $762.5K | 8.162M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 1873933 | 9.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.3¢ | 717454 | 38 |
View Market Depth
| Last trade - 15.06pm 02/09/2024 (20 minute delay) ? |
| CXO (ASX) Chart |