CXO 7.06% 9.1¢ core lithium ltd

Fundamentals occurs on positive company news flow to rebuke...

  1. 13,387 Posts.
    lightbulb Created with Sketch. 4559
    Fundamentals occurs on positive company news flow to rebuke Goldman Sachs narratives.

    The fundamentals of the company haven't changed YB and one only has to compare graphs between Lithium prices and Lithium companies shareprices to see a general correlation driven by sector sentiment more than fundamentals, some aren't near production yet sit on ludicrous valuations, any positive news flow is always good but better when the sentiment is favourable.

    Personally I doubt any comment from CXO rebuking GS's narratives would move the needle for more than a nanosecond but we're not going to find out, so probably best concentrate on upcoming events instead which can have some lasting fundamental effect and wait for a turn in sentiment. There are several upcoming events which will help the companies fundamentals..

    You can be stressed or relaxed about your investment but the outcome for the shareprice remains the same whichever you choose...

    Cheers Whisky

 
watchlist Created with Sketch. Add CXO (ASX) to my watchlist
(20min delay)
Last
9.1¢
Change
0.006(7.06%)
Mkt cap ! $194.4M
Open High Low Value Volume
8.8¢ 9.2¢ 8.7¢ $2.009M 22.41M

Buyers (Bids)

No. Vol. Price($)
2 45686 9.0¢
 

Sellers (Offers)

Price($) Vol. No.
9.1¢ 790737 4
View Market Depth
Last trade - 16.10pm 04/07/2024 (20 minute delay) ?
CXO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.