All I can say is that all my CXO holdings are in my super as I am an investor for my/family future and I have been able to average down significantly and I am very comfortable with my position. The battery transitioning especially with regard to electric vehicles is a happening and our professional institutions are going to milk it as much as possible and without doubt China has been influential in this mayhem and the players are playing.
Looks like to me that it is getting to the stage that all this expert analysis on the lithium sector supply and demand is starting to wear thin.
You can only rort so far before creditability becomes an issue and with companies like Core and others implementing or considering being prepared to pause and stabilise their operations pending further sector advancement, well this may call a bluff!
CXO management have been bold and prudent and stubborn in its initiation of their revised operational strategy, the pressure being cast at the company is unreasonable and the company did not gain Federal Major Project Status and Federal Support because it was a speculative proposition.
Reality is required and it is on its way, we as investors and we as consumers will all have our choices in the next 3-6 months - Think carefully.
My opinion.
GLAH
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CXO
core lithium ltd
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Last
8.4¢ |
Change
-0.004(4.55%) |
Mkt cap ! $180.0M |
Open | High | Low | Value | Volume |
8.6¢ | 8.7¢ | 8.3¢ | $930.7K | 10.98M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1448852 | 8.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.4¢ | 386301 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 1448852 | 0.083 |
14 | 880990 | 0.082 |
7 | 733716 | 0.081 |
13 | 1363604 | 0.080 |
6 | 400287 | 0.079 |
Price($) | Vol. | No. |
---|---|---|
0.084 | 386301 | 4 |
0.085 | 404514 | 6 |
0.086 | 1132609 | 11 |
0.087 | 447294 | 3 |
0.088 | 107689 | 6 |
Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
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CXO (ASX) Chart |