CXM
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6.25% 3.0¢ centrex limited

I am one of those that have been burnt.When I bought the selling...

  1. coblentz
    3 Posts.
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    31/08/24
    12:08
    Post #: 75468774
    I am one of those that have been burnt.
    When I bought the selling price was us$194 and the prevailing phosphate price was quoted at us$347
    Selling price now is us$ 132.6
    Cost price is us$115
    My estimated value based on 625000 tpa is now a miserable a$ 0.05
    I can only hope that the phosphate price will rise with Ukraine supply problems and Suez problems for Morocco.
    The main problem appears to be the drying of the rock phospate.

    Maybe management should look at producing a super phosphate with the addition of sulphuric acid
    CXM Price at posting: 3.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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3.0¢ 		Change
-0.002(6.25%) 		Mkt cap ! $25.98M
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3.3¢ 3.3¢ 3.0¢ $35.90K 1.184M

Buyers (Bids)

No. Vol. Price($)
2 47168 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 81903 1
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Last trade - 16.10pm 30/08/2024 (20 minute delay) ?
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