I am a long term holder and have added to my holding over the years as well as recently with this drop. I am looking forward to this flurry of sales to stabilise and value can return to the price. In my opinion it should be around 40c, but I am looking longer term when they start producing and become cashflow positive and we can earn dividends.
Thus is all just noise on the way up and if you want to react and reapond to this fluctuations in the price, then you are in for a wild ride of emotions and a savings account might be better suited.
None of the fundamentals changed, other than strengthening the positions, so I have not changed my view on the stock.being a long term investment. I am holding onto it. Good luck to all.
Banter and general comments, page-1214
-
- There are more pages in this discussion • 37,945 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CXO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
8.9¢ |
Change
-0.001(1.11%) |
Mkt cap ! $192.3M | |||
| Open | High | Low | Value | Volume |
| 9.0¢ | 9.1¢ | 8.7¢ | $944.1K | 10.56M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 370097 | 8.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.0¢ | 271933 | 12 |
View Market Depth
| Last trade - 12.04pm 04/09/2024 (20 minute delay) ? |
| CXO (ASX) Chart |