CXU 5.00% 3.8¢ cauldron energy limited

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  1. 1,639 Posts.
    lightbulb Created with Sketch. 2387

    Today the price action was interesting in that the announcement saw the stock peak at 5c.

    It then pulled back almost to opening price (4c) and closed at 4.1c.

    If it opens at the closing price tomorrow then the stock sets up a minimum target price of 7.8c, almost 100% above todays close.

    Mcap of $18m so relatively decent with plenty of upside if drilling or sampling successful – which is extremely likely as they will be sampling stope faces of an old high grade, UG mining system.

    Holding a nice uptrend and broke through consolidation so what more can you ask for?

    Todays’ price move added to chart.
    .

    https://hotcopper.com.au/data/attachments/3014/3014138-2c8025700515fc4f3ee6b019bc8e932e.jpg
 
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(20min delay)
Last
3.8¢
Change
-0.002(5.00%)
Mkt cap ! $46.21M
Open High Low Value Volume
4.0¢ 4.0¢ 3.8¢ $45.33K 1.172M

Buyers (Bids)

No. Vol. Price($)
12 1574611 3.8¢
 

Sellers (Offers)

Price($) Vol. No.
3.9¢ 87677 1
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
3.8¢
  Change
-0.002 ( 0.00 %)
Open High Low Volume
3.9¢ 3.9¢ 3.8¢ 1327092
Last updated 15.59pm 03/05/2024 ?
CXU (ASX) Chart
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