I wonder the knee jerk reaction due to GS-BS reiterating the price target of $0.95 for CXO….
I guess BS assumption of US$1000/t for spodumene is a dream …. It’s more like I go to someone’s house of $1M and ask them to sell me for a price of $200k…. What a joke ….
so if the spodumene price is holding above US $4k/ton and an average price of US $5k/ton in next 5 years…
the fair price for CXO has to be $3.80 -$4.75 as per GS-BS modelling….
Banter and general comments, page-21810
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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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| CXO (ASX) Chart |