He's right. I'm buying more on market. I bought this for the swing trade, but this news was unanticipated by me and I'm looking to build a material long term position on the back of being eligible for the SPP.
The market may be treating this as the "boring" development phase. But if people bothered to read the investor presentation properly, they would notice that there's $40m touted for exploration and other development opportunities. Not to mention that decent debt facilities will be available to CXO now for other M&A activity.
He's right. I'm buying more on market. I bought this for the...
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $213.6M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 9.6¢ | $2.676M | 26.86M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 160000 | 9.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 953527 | 8 |
View Market Depth
| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| CXO (ASX) Chart |