CXO 4.08% 9.4¢ core lithium ltd

Ann: Trading Halt, page-52

  1. 5,092 Posts.
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    when i got into CXO I worked on the basis of 140mil revenue per ann. that was a very min price. I checked it many times as i couldn't understand at the time why our SP was 4c. I was petty good at maths a school but with old age.... did it again and again. product produced per year X the the prices paid for those goods... easy enough maths...
    this was based only on lithium price not our other asessts. I could see 175-180 mil too, so at 40cent SP it was correct minium reflection.
    The company was ready to mature as a company, life cycle in miners can be 8-12 years to achieve that. we are ready now, as we were 6 months ago, no need to delay.

    But now i see a suppressed SP, and a few misleading annoucement and while have faith in CXO outcomes to become a much much bigger miner in many areas not just lithium it does leave an unsettling feel in my guts.
    lets hope many see a 'true' reflection of value with this aquistion. I expected something next year after we started producing product for sale.

    spread the vibes of fast good returns to us all soon and the statement of Biggs saying we are a 10x company...valuing us at $1.50 happens before end of this year.
 
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Last
9.4¢
Change
-0.004(4.08%)
Mkt cap ! $200.8M
Open High Low Value Volume
9.6¢ 9.8¢ 9.3¢ $1.861M 19.57M

Buyers (Bids)

No. Vol. Price($)
2 14648 9.4¢
 

Sellers (Offers)

Price($) Vol. No.
9.5¢ 311827 1
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Last trade - 16.10pm 24/07/2024 (20 minute delay) ?
CXO (ASX) Chart
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