CXU 7.89% 4.1¢ cauldron energy limited

funny watching first sign of a healthy correction people come to...

  1. 20,446 Posts.
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    funny watching first sign of a healthy correction people come to quickly write it off, going to 2.5, will never mine it etc.. CXU is simply being revalued against the U price & potential of assets, if the U price crashes CXU crashes, if the U price booms CXU booms, the WA issue isnt a issue until they're ready to mine, CXU has already been mentioned as a potential takeover target, management has mentioned acquiring more U projects, drilling upcoming, melrose a bonus if comes good, they are more advanced then any miner that picks up new leases now to join the boom, just like the lithium boom when companies with nothing but leases of hope ran to $50mil - $100mil+ caps on acquisitions & rock chip samples, same will start happening in the U space if the U price continues on, wouldn't be surprised to see cxu at .10+ because thats what happens in a boom cycle, stocks go from nothing to wtf, up to the market makers what it does & parle with millions of $$ in it have a better idea then any of us here
 
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Last
4.1¢
Change
0.003(7.89%)
Mkt cap ! $49.86M
Open High Low Value Volume
3.9¢ 4.1¢ 3.7¢ $148.9K 3.927M

Buyers (Bids)

No. Vol. Price($)
1 220000 3.8¢
 

Sellers (Offers)

Price($) Vol. No.
4.1¢ 42404 2
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Last trade - 16.10pm 06/05/2024 (20 minute delay) ?
Last
3.9¢
  Change
0.003 ( 2.63 %)
Open High Low Volume
3.8¢ 3.9¢ 3.7¢ 1529148
Last updated 15.55pm 06/05/2024 ?
CXU (ASX) Chart
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