Mainly the company has not provided an update on its progress on nameplate production (i.e how much it is actually getting out of the ground and into a sellable manner). Also - no guidance on the pricing agreements of its product (how much are they actually profiting from current spod price). Lastly there are factors of increased volatility due to a large retail held share registry - meaning the price is more susceptible to short attacks, economic panic selling ect.
If you believe the company will achieve its future production targets and will be able to sell its product for a reasonable price then you can benefit from the current discount the market is pricing into the share price and profit extremely well (assuming the market agrees with your perception of the company performance and the company actually achieving what it has said it would).
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $278.5M |
Open | High | Low | Value | Volume |
13.0¢ | 13.5¢ | 12.0¢ | $2.790M | 21.41M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
67 | 7094895 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 1210034 | 28 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
66 | 7065951 | 0.120 |
49 | 8563800 | 0.115 |
91 | 5715326 | 0.110 |
58 | 3773271 | 0.105 |
122 | 7589000 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 1250033 | 28 |
0.130 | 1502890 | 13 |
0.135 | 4008841 | 37 |
0.140 | 4231591 | 41 |
0.145 | 2130166 | 33 |
Last trade - 13.42pm 08/10/2024 (20 minute delay) ? |
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CXO (ASX) Chart |