CXO 2.35% 8.3¢ core lithium ltd

good afternoon all,pretty poor showing from cxo today, so I...

  1. 2,125 Posts.
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    good afternoon all,

    pretty poor showing from cxo today, so I thought we could go round the grounds and get every ones take on it.

    Was away from the screen from mid morning when it was trading at 0.175 so a bit shocked to see it down at 0.13 at close.

    what drove today sell down?

    (a) management releasing price sensitive information via the Directors presentation without a trading halt?

    (b) the fact WTDD003 and WTDD005 showed no significant assays?

    (c) the fact we have to wait until mid May for the remaining essays to be received?

    Personally I think it was poor form on behalf of the Directors not putting CXO into a trading halt first thing this morning.. but other than that, unless you sold on WTDD003 & WTDD005 results.. i'm not sure what else drove the action.

    If i've missed anything in the announcements by all means fill me in.

    Cash looks ok at $3.1m and with pending assays due in May perhaps this is a good entry around 0.10-0.13?
 
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Last
8.3¢
Change
-0.002(2.35%)
Mkt cap ! $179.5M
Open High Low Value Volume
8.5¢ 8.6¢ 8.3¢ $766.9K 9.097M

Buyers (Bids)

No. Vol. Price($)
15 1422995 8.3¢
 

Sellers (Offers)

Price($) Vol. No.
8.5¢ 273485 3
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Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
CXO (ASX) Chart
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