Hi B of H. Yes I noticed that too. Value was increased from 54c to $1.04 in an instant.
Either we were way undervalued previously or this new estimate of fair value is inflated.
Have noticed that Morningstar has also increased quite a few other lithium and nickel stocks by a
substantial amount. Hopefully they are correct but l think it will take some time for their upgraded
valuations to be achieved. I believe that CXO are one stock that will achieve their estimate and I will be
happy to wait until this time next year for it to happen. Rome wasn't built in a day.
I only became a holder earlier this year and the current SP has almost tripled my original investment.
These are exciting times for all holders but it is still some time before we actually start earning income.
IMHO DYOR GLT A HS.
Banter and general comments, page-6466
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Last
13.0¢ |
Change
0.030(30.0%) |
Mkt cap ! $278.5M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 13.3¢ | 10.5¢ | $5.604M | 46.76M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 3763976 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 618853 | 5 |
View Market Depth
| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| CXO (ASX) Chart |