I don't understand why people are shorting this stock.
After today's announcement it's clear CXO are producing truck loads of cash at the current lithium price and the ramp up is going really well.
This means every day that goes by the equity value of the company (and cash balance) goes up.
CXO is a monster cash machine.
Looking forward to the next set of announcements.
I don't understand why people are shorting this stock.After...
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Last
16.5¢ |
Change
0.010(6.45%) |
Mkt cap ! $352.5M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 16.5¢ | 15.0¢ | $4.670M | 28.73M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 1230423 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 5304233 | 39 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
16.3¢ |
Change
0.010 ( 5.59 %) |
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| Open | High | Low | Volume | ||
| 15.3¢ | 16.5¢ | 15.0¢ | 7806096 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| CXO (ASX) Chart |