I would have liked the boys to have fleshed out what to do with the cash a bit more.
If the aim is to go downstream ,which seems to be the case , then thats where any excess cash will end up in the short to medium term IMO. From memory PLS's JV conversion plant will cost in the region of $US750m , they are expensive pieces of kit..
In the case of CXO it would be a smaller plant but still a costly project ,the more cash we can put in the more control we have and less debt required...
Cheers Whisky
- Forums
- ASX - By Stock
- CXO
- Banter and general comments
Banter and general comments, page-20562
-
- There are more pages in this discussion • 18,436 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CXO (ASX) to my watchlist
|
|||||
Last
10.8¢ |
Change
-0.003(2.27%) |
Mkt cap ! $224.3M |
Open | High | Low | Value | Volume |
11.0¢ | 11.5¢ | 10.5¢ | $576.3K | 5.228M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
62 | 4584511 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 665870 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
62 | 4584511 | 0.105 |
112 | 6589496 | 0.100 |
13 | 712370 | 0.099 |
8 | 688245 | 0.098 |
6 | 412072 | 0.097 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 665870 | 21 |
0.115 | 1043405 | 16 |
0.120 | 2494331 | 28 |
0.125 | 3571812 | 44 |
0.130 | 2856480 | 37 |
Last trade - 11.19am 18/07/2024 (20 minute delay) ? |
Featured News
CXO (ASX) Chart |