You would think that surely a decent portion of the register would now be in the hands of long term holders.
The delay in news should be addressed. And by that, I mean a simple announcement with a revised estimate on date of release. Something like, "Delays at the lab, results will should be available in the next week or two." Surely an easy thing to do. With the risk of sounding like a particular poster on here, it really doesn't help with confidence in the stock. It's been said on here that cxo could possibly have the loosest register on the asx. Not updating shareholders on a month-long delay surely doesn't help. As owners of the company and should be given a little update.
Here's a conspiracy theory while we're all waiting. Maybe the absence of an update on the delay is intentional to create a little uncertainty so it can be accumulated. Nothing sensitive withheld - not illegal. I'm not sure if the broker data could support this.
I remain positive on cxo but I'm sure everyone agrees how much easier it is holding (owning) a company that keeps the market well updated. I don't think there can ever be too much communication.
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Last
14.0¢ |
Change
-0.005(3.45%) |
Mkt cap ! $299.1M |
Open | High | Low | Value | Volume |
14.5¢ | 14.5¢ | 14.0¢ | $999.4K | 7.094M |
Buyers (Bids)
No. | Vol. | Price($) |
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16 | 562495 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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14.5¢ | 1865586 | 24 |
View Market Depth
No. | Vol. | Price($) |
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16 | 562495 | 0.140 |
77 | 3582780 | 0.135 |
62 | 2769990 | 0.130 |
27 | 963437 | 0.125 |
37 | 1103381 | 0.120 |
Price($) | Vol. | No. |
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0.145 | 1865586 | 24 |
0.150 | 3118297 | 58 |
0.155 | 3140263 | 48 |
0.160 | 3243800 | 45 |
0.165 | 1232837 | 38 |
Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
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Change
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Open | High | Low | Volume | ||
14.3¢ | 14.5¢ | 14.0¢ | 3627147 | ||
Last updated 15.59pm 02/05/2024 ? |
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