CXO management intend to keep investors hanging on without much substance. Look and read announcement history and you will find CXO is not worth what it is now.
Fenniss lithium deposit is very patchy to be able to be fully commercialised. Over and above, CXO management was talking about agreement with Darwin port authority.
Now, CXO management is drilling Zola in search of commercial quantity lithium. Hope you will see the outcome.
In my view, CXO is way over valued. However, do your own research.
Go back to announcements
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $299.1M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.5¢ | 14.0¢ | $307.3K | 2.175M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 1373855 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 2599810 | 32 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
14.3¢ |
Change
0.000 ( 1.64 %) |
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| Open | High | Low | Volume | ||
| 14.0¢ | 14.5¢ | 14.0¢ | 1855690 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| CXO (ASX) Chart |