I am not sure what pleasure some posters derive from the misery of others. It is pathetic that some of you revel in self adulation whilst others are suffering substantial losses. Shame on you!!
I hate to say it but I too have held on far too long and now suffered a substantial loss. Whilst I cut losses on other lithium stocks and stuck to a disciplined capital-protection approach, I didn't practice what I preached with my investment in CXO.... until now. I am probably a few months too late but I still realised some value on what I have sold.
Bottom line is that CXO is my biggest capital loss now. It's now entered my Hall of Shame stocks.
Anyways, for those continuing to hold I wish you good luck. I don't have much confidence for the share price until well into CY24 or even CY25. It's baton down the hatches as I think the next move for CXO will be to halt production and go back to "campaign mode" production with long pauses between each campaign. C&M may also follow if this downturn in lithium prices continues into next year (and beyond).
GLTA time to focus on other sectors of the market.
I am not sure what pleasure some posters derive from the misery...
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Last
15.0¢ |
Change
0.005(3.45%) |
Mkt cap ! $320.5M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.8¢ | 14.5¢ | $3.130M | 20.63M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 1318338 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 1101958 | 28 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
15.3¢ |
Change
0.005 ( 7.09 %) |
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| Open | High | Low | Volume | ||
| 14.5¢ | 15.8¢ | 14.5¢ | 8286524 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| CXO (ASX) Chart |