It's not fair for CXO to have $2.4bn with asset that to grow and to produce 170ktpa (already sold ROM ore) in the near future (next quarter). While several "highly promising" lithium players like VUL, LKE with years away from making money are trading at billion mark. At full production, CXO can make AUD900m+ profit per year at today price. Go figure with your own assumption on future price.
Banter and general comments, page-18930
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Last
11.0¢ |
Change
0.010(10.0%) |
Mkt cap ! $235.0M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.5¢ | 10.0¢ | $3.029M | 27.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 374502 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 3715512 | 56 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |