Still not looking good.
CXO had about 9%,162m short positions on Monday then SP started falling. Unfortunately, the shorters are in upper hand at this stage.
Worst of all - SYA, LKE and VUL (also in top 20 shortlist) have their short positions slowly dropping while CXO going opposite. It's quite annoying.
Very poor media engagement from new Mgt is also to be blamed. Hopefully we'd soon hear some fruitful, meaningful updates such as Offtakes, resource upgrade.
Still holding a good size 94k units and hope it'd get back to previous free-fall level in coming months. Stupid mgt needs to work hard to gain back some trust from LTHs like me.
CXO is already in production stage and SP wouldn't have fallen this much if Mgt came out and responded to SS, GS, Macquarie all bullshit reports back then.
Banter and general comments, page-20867
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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 |