I don't understand why people are shorting this stock.
After today's announcement it's clear CXO are producing truck loads of cash at the current lithium price and the ramp up is going really well.
This means every day that goes by the equity value of the company (and cash balance) goes up.
CXO is a monster cash machine.
Looking forward to the next set of announcements.
Banter and general comments, page-28713
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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) ? |
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Last
10.5¢ |
Change
0.000 ( 4.11 %) |
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| Open | High | Low | Volume | ||
| 10.5¢ | 11.5¢ | 10.5¢ | 14022601 | ||
| Last updated 16.10pm 07/06/2024 ? | |||||
| CXO (ASX) Chart |