I wrote in my blog 'lost opportunity' few weeks ago when CXO sp were sitting at 7.2c. However, no one believed
CXO todays' announcement says 'economic grade' lithium was not found in ZOLA pegmatities.
In my view, CXO is way overvalued due to lithium hype without any true economic grade and long term prospective findings.
In my view, CXO true value lies between 2.5 c and 3.0c
DYOR
Not economic grade (ZOLA)
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Last
10.0¢ |
Change
0.003(3.09%) |
Mkt cap ! $213.6M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 9.8¢ | $1.387M | 13.84M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 42 | 2472934 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 3147367 | 54 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |