CXO
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6.59% 9.7¢ core lithium ltd

how embarrassing is it being under a dollarWhy, we sit on a MC...

  1. Whisky49
    13,428 Posts.
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    15/02/23
    13:59
    Post #: 66263331

    how embarrassing is it being under a dollar

    Why, we sit on a MC of $1.9b which is substantial given we're yet to sell any concentrate, the shareprice is just a division of our MC, some will argue that a MC of $1.9b is too high , some argue that its too low but whatever, it will get reflected more accurately by our earnings at some point in the future... there is no particular shareprice we should be at this stage..

    Cheers Whisky
    CXO Price at posting: 98.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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9.7¢ 		Change
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