The shorts are actually closer to 9%, possibly 10% after the shorts doubled down throughout last week.
I do believe it is extremely likely we will be facing a TO situation, which is a bit sad.
The current market cap is pretty irresistible - to be able to control 190,000tpa of Spod with just $1.5b, with an easy path to 300,000tpa, in a company that is already shipping Spod, is fully funded (no debt to take on), is just a dream come through for many of the bigger players.
It might not be the biggest deposit in the world, but it is a handy one to have by your side for cheap.
The shorts are actually closer to 9%, possibly 10% after the...
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CXO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.8¢ |
Change
0.008(7.50%) |
Mkt cap ! $230.3M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 11.0¢ | 10.0¢ | $972.4K | 9.220M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 2720746 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 8351209 | 117 |
View Market Depth
| Last trade - 15.10pm 27/09/2024 (20 minute delay) ? |
| CXO (ASX) Chart |