LTR have enough money for another quarter from my calcs. So they will need to raise cash in next 3 months. They also have DRG shares though. These are tradeable. If they were smart they would have sold DRG into the recent pump at 28c as they have multibagged and are now worth almost as much as CXO shares.
Hard to know but I agree Wenty, it's not like they are going to dump them into a no news day. That would be crazy. They would offload in a sell the news event with some volume to maximise their take.
Who knows. We will find out as they will need to lodge change of SHing doc's as they hold over 5%.
CXO CAN IT GO, page-50
Add CXO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $224.3M | |||
| Open | High | Low | Value | Volume |
| 9.8¢ | 10.8¢ | 9.6¢ | $1.222M | 11.93M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 50 | 3180868 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 1951653 | 28 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |