CXO 4.21% 9.9¢ core lithium ltd

Well done Core on getting into the ASX300. Based on DEG getting...

  1. 2,868 Posts.
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    Well done Core on getting into the ASX300.

    Based on DEG getting included into the ASX200, inclusion does not need a >200 ranking!! One thing DEG has going for it that Core doesn't yet is maintaining a high market cap for an extended period. S&P considers average market cap's over time, not just the current market cap at the reset date. Every day CXO continues to trade around $1, its average market cap will increase for the next reset assessment.
    https://hotcopper.com.au/data/attachments/4143/4143282-b0481c4e3003e505e0b3bebdc7e88690.jpg

    I was surprised to see SPK removed from the ASX200, but its probably for liquidity reasons. Yahoo finance puts their daily volume at 1.2m shares or only $5m/day. As context, Yahoo finance puts CXO's average daily volume at 23.4m shares. Even after adjusting for relative share prices is many times SPK's volumes.
    https://hotcopper.com.au/data/attachments/4143/4143286-52afb221b6ceafd15b6a0f449c393cfa.jpg
 
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Last
9.9¢
Change
0.004(4.21%)
Mkt cap ! $199.8M
Open High Low Value Volume
9.5¢ 10.0¢ 9.3¢ $1.292M 13.48M

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No. Vol. Price($)
4 86516 9.9¢
 

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10.0¢ 2319944 26
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Last trade - 12.48pm 21/08/2024 (20 minute delay) ?
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