Just wanted to drop in to check on everyone.
I still hold and have increased my holdings to just under 1million shares. Not worried for the future prospects of this company at all.
I think a company making a profit, has 200m in the bank, should not be at its current enterprise value, which is probably negative value after accounting for the DMS and mine pit.
CXO will soar again and is in a good position to take advantage of the next lithium bull run - it will be sooner than you think. This is a cyclical stock; the bad times won’t last forever, just Iike the good times won’t last forever either.
Unfortunately the quality of the posting here has really gone to shit so for my sanity I am logging off HC for a few months to a year.
Just wanted to drop in to check on everyone. I still hold and...
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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 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| CXO (ASX) Chart |