Yes its not managements job to manage the day to day shareprice , they couldn't even if they tried the market is much bigger than any company. By doing what they are tasked with , that is running the company with the intention of adding value for shareholders over time, the shareprice will eventually reflect that outcome over time .
Barring a TO or merger this company will be around for years and will go through endless cycles of being undervalued and overvalued by whats considered market norms , this is just one of them and if you believe its undervalued then it presents an opportunity if you have spare cash or its just a matter of waiting or moving on if you haven't. There are not a lot of options other than moving on...
Cheers Whisky
Banter and general comments, page-25116
Add CXO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $224.3M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.5¢ | 10.5¢ | $2.626M | 24.27M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 171 | 7148514 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 2021056 | 2 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
|
|||||
|
Last
10.5¢ |
Change
0.000 ( 4.11 %) |
||||
| Open | High | Low | Volume | ||
| 10.5¢ | 11.5¢ | 10.5¢ | 14022601 | ||
| Last updated 16.10pm 07/06/2024 ? | |||||
| CXO (ASX) Chart |