EV demand in the US expected to pick up.
Tax rebates of $US 7500 for new EVs and up to $US 4000 for used EVs.
On top of this, some States are offering incentives.
Pretty good deal considering high Lithium use pick-ups sell new for an average price of $US43 to $45k.
The larger pick ups use significantly more Lithium per battery than smaller cars and are huge sellers in the US.
CXO has around $200m cash plus 6 months' worth of already paid for rock on the ROM waiting to be processed and turned into cash.
Winding back early is a smart move by CXO
EV demand in the US expected to pick up.Tax rebates of $US 7500...
Add CXO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.0¢ |
Change
0.005(3.45%) |
Mkt cap ! $309.8M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.0¢ | 14.5¢ | $439.4K | 2.951M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 56 | 2975871 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 480176 | 12 |
View Market Depth
| Last trade - 13.12pm 14/05/2024 (20 minute delay) ? |
|
|||||
|
Last
15.0¢ |
Change
0.005 ( 1.01 %) |
||||
| Open | High | Low | Volume | ||
| 14.8¢ | 15.5¢ | 14.5¢ | 2630810 | ||
| Last updated 13.29pm 14/05/2024 ? | |||||
| CXO (ASX) Chart |