CXM 0.00% 3.0¢ centrex limited

I was actually speaking with Datt Capital other day, he only...

  1. 884 Posts.
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    I was actually speaking with Datt Capital other day, he only ever expects near term producers to trade at 60% of their NPV until they start producing. Unless significant resource expansion is expected rr extreme price rises. On that basis CXM probably has about 150% to go, from memory their NPV was done on phosphate at 110? price is around 180 now, meaning After tax npv would be closer to 140-150 and we are trading at 40mill. No reason why we cant be 100mill MC. I would, however, caution people on being stupidly bullish on stock forecasts it creates irrational exuberance.
 
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Last
3.0¢
Change
0.000(0.00%)
Mkt cap ! $25.98M
Open High Low Value Volume
2.8¢ 3.3¢ 2.8¢ $15.79K 511.7K

Buyers (Bids)

No. Vol. Price($)
2 186846 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 97862 1
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Last trade - 15.42pm 02/09/2024 (20 minute delay) ?
CXM (ASX) Chart
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