I think I would rather management concentrate of getting the plant up and running on schedule than worrying about day to day share movements.
No body likes to see what is happening to the sp but it is pretty much across the board with lithium stocks. Yes some would say CXO has retreated more than others but the sentiment is being driven by execution risk and this will be put to bed when the plant is up and running.
For those that have short term needs then lithium stocks are not for you atm, traders are having a great old time, unless on the wrong side of the trade, LTH are just sitting and watching the world go by, comfortable in their position, adding were they think prudent, if they have done their own research. Relax and have a great xmas.
Just my thoughts
Rayda
I think I would rather management concentrate of getting the...
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Last
9.3¢ |
Change
-0.005(5.10%) |
Mkt cap ! $198.7M | |||
| Open | High | Low | Value | Volume |
| 9.9¢ | 10.0¢ | 9.3¢ | $3.295M | 34.70M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 365887 | 9.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.4¢ | 883409 | 8 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CXO (ASX) Chart |