Most of this has been discussed and dissected on the LTR thread, China is basically manipulating the prices and until this gets sorted every Li mine is Australia is going to be in a lot of pain. CXO I believe has other problems of its own but I think the question now is, how good is the management? The thing with a mine in care of maintenance is that it becomes an easy takeover target, and if these vulture shorters continue to get onto the back of the SP it will make it very hard to raise capital if they need to. Just remember the biggest EV Li battery market is the Chinese, not the US.
Most of this has been discussed and dissected on the LTR thread,...
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Last
14.5¢ |
Change
0.005(3.57%) |
Mkt cap ! $309.8M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.5¢ | 13.5¢ | $921.1K | 6.548M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 1199370 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 3025488 | 52 |
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| Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
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Last
14.3¢ |
Change
0.005 ( 2.74 %) |
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| Open | High | Low | Volume | ||
| 13.8¢ | 14.5¢ | 13.5¢ | 3031105 | ||
| Last updated 15.59pm 09/05/2024 ? | |||||
| CXO (ASX) Chart |