The 13 price sensitive announcements between April and July did nothing to bring up the PLS SP, which I suspect will be the case even if CXO managed to conjure some more price sensitive announcements.
It was only after the money well and truly landed in the accounts that they had to admit they were wrong and go long.
The money has started to land in CXO’s account. Once we are at nameplate it would be 15kt per month shipped, which brings us to around $80m per month even at a conservative price.
In other words, around 5c per share, per month of revenue.
Expanding to 400ktpa will more than double these numbers.
The 13 price sensitive announcements between April and July did...
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Last
8.3¢ |
Change
-0.008(8.79%) |
Mkt cap ! $177.3M | |||
| Open | High | Low | Value | Volume |
| 9.0¢ | 9.0¢ | 8.3¢ | $4.722M | 56.06M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1606055 | 8.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.6¢ | 110070 | 6 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| CXO (ASX) Chart |