I subscribe to Newing's website. He is an ex mining analyst. He identifies stocks of interest and does his own research.
I won't cut and paste from his page (it's his copyright) but he did update his view overnight and gives a tentative value of $12 per share. He hasn't prepared a detailed report yet (he sells those separately on his website and is working on others at the moment) and describes the valuation as a "gross simplification".
He sold another stock (FGR) to buy more CXL yesterday but did say there is a chance of a retrace. He remains bullish.
He also referred to some research by Cannacord but I haven't seen that.
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Last
$1.25 |
Change
-0.025(1.96%) |
Mkt cap ! $226.7M |
Open | High | Low | Value | Volume |
$1.27 | $1.29 | $1.25 | $855.8K | 680.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 24541 | $1.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.26 | 4000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 9541 | 1.250 |
3 | 4012 | 1.245 |
2 | 16713 | 1.240 |
4 | 13213 | 1.235 |
1 | 2713 | 1.230 |
Price($) | Vol. | No. |
---|---|---|
1.260 | 4000 | 1 |
1.265 | 2713 | 1 |
1.270 | 2713 | 1 |
1.275 | 2713 | 1 |
1.280 | 395 | 1 |
Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
$1.25 |
  |
Change
-0.025 ( 1.98 %) |
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Open | High | Low | Volume | ||
$1.26 | $1.28 | $1.25 | 66389 | ||
Last updated 15.59pm 06/06/2024 ? |
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CXL (ASX) Chart |