CXO 6.04% 8.6¢ core lithium ltd

You don't have much of a choice @Yellowbunny as a holder. GM is...

  1. 594 Posts.
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    You don't have much of a choice @Yellowbunny as a holder. GM is playing a very foolish game of information updates. The stock is down 25% from 1.2 since may and 50% from ATH last Nov. Even if GM pulls a diamond of a report out of his back side, the stock won't be going up 65% to 1.5 in a hurry. If it does, at 10% short it will be pushed back down. CEO might be thinking, coming from a big company he knows more than everyone else. The company made 120m (dso+ 18.5kt) and maybe 20-30 years life..So what. He has allowed hedge funds to take control of SP. GXY allowed the same thing to happen, sp went up when old CEO was replaced and updates began to filter through. If the company has a rom at 170kt fy 24, its not this months amount. Hi stu, at 10% short there is no profit taking, not when SP average have been sitting over 1.20. GM was surprised by the speed of emptying the pit. The site manager knows more than the CEO(arrogance)? Lack of relationship between coy and investors here. If I see this, so can many others. SP will go up when more investors come on.
 
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Last
8.6¢
Change
-0.006(6.04%)
Mkt cap ! $183.7M
Open High Low Value Volume
9.0¢ 9.0¢ 8.5¢ $1.499M 17.23M

Buyers (Bids)

No. Vol. Price($)
2 77141 17.0¢
 

Sellers (Offers)

Price($) Vol. No.
7.3¢ 7210744 1
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Last trade - 15.59pm 21/06/2024 (20 minute delay) ?
CXO (ASX) Chart
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