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...
Add CXL (ASX) to my watchlist
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Last
$1.47 |
Change
0.040(2.80%) |
Mkt cap ! $266.6M | |||
| Open | High | Low | Value | Volume |
| $1.43 | $1.48 | $1.42 | $127.8K | 88.16K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1310 | $1.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.48 | 76 | 4 |
View Market Depth
| Last trade - 10.43am 17/05/2024 (20 minute delay) ? |
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Last
$1.46 |
Change
0.040 ( 2.32 %) |
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| Open | High | Low | Volume | ||
| $1.43 | $1.47 | $1.43 | 17263 | ||
| Last updated 11.00am 17/05/2024 ? | |||||
| CXL (ASX) Chart |