CXO 3.57% 14.5¢ core lithium ltd

No doubt it will pull back at some point it’s obvious the price...

  1. 55 Posts.
    lightbulb Created with Sketch. 11
    No doubt it will pull back at some point it’s obvious the price was extremely low to begin with and that it had to increase significantly to make it viable to bring online more projects to increase supply. Don’t forget that it takes years to construct mines and extract lithium, when the price pulls back it will still have to remain at a reasonable price for companies to go ahead with their projects to meet the increasing demand. By that stage core will be well into production banking $’s.

    The smaller players still at the beginning of exploration will be the ones significantly affected if there’s a price pullback. For us this will create more opportunity to buyout these companies and further create value for shareholders long term.

    IMO

 
watchlist Created with Sketch. Add CXO (ASX) to my watchlist
(20min delay)
Last
14.5¢
Change
0.005(3.57%)
Mkt cap ! $309.8M
Open High Low Value Volume
14.0¢ 14.5¢ 13.5¢ $921.1K 6.548M

Buyers (Bids)

No. Vol. Price($)
18 1199370 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 3025488 52
View Market Depth
Last trade - 16.10pm 09/05/2024 (20 minute delay) ?
Last
14.3¢
  Change
0.005 ( 2.74 %)
Open High Low Volume
13.8¢ 14.5¢ 13.5¢ 3031105
Last updated 15.59pm 09/05/2024 ?
CXO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.