CXO 0.00% 10.0¢ core lithium ltd

Banter and general comments, page-23430

  1. 4,582 Posts.
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    So if UBS and GS have underwritten the sale for CATL does this mean they now are holding what they don’t sell themselves effectively being able to choose to cover their short positions at pretty much any time or hold them until the SP rises and then not only cover the shorts but also profit from any rising PLS SP, as of note recently they now ( GS) have a price target of $4.90 which is the first time I’d heard of that. I think UBS have $4.75 on them. CXO just need to get a good Q of cash flow rolling into the bank to put to bed any speculation around the Spod prices they will be receiving from Yahua and Ganfeng and some added LOM to get rid of the tea leaves.
 
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