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.
I subscribe to Newing's website. He is an ex mining analyst. He...
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Last
87.5¢ |
Change
-0.020(2.23%) |
Mkt cap ! $158.9M | |||
| Open | High | Low | Value | Volume |
| 90.0¢ | 90.0¢ | 86.5¢ | $310.0K | 352.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12758 | 86.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 89.0¢ | 56931 | 2 |
View Market Depth
| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| CXL (ASX) Chart |