Yes, John435, I actually invested in CXO for the same reason. I concluded they had the best tenement pickings and the others stood little chance.
With the volumes over the last 2 days I would have expected some nearology effect for KSN, even minimal, probably not for LTR. though
On Friday I thought it was just the day's hype and the volume would gradually drop off over the coming days till we get an announcement, since CXO hasn't proven a company-making resource yet. But today but it's more than doubled Friday's volume already!
If it was all speculation I would have expected better volumes when the commencement of drilling announcement was released on 21 June.
Zola, Coming Soon, page-127
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Last
11.0¢ |
Change
0.010(10.0%) |
Mkt cap ! $235.0M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.5¢ | 10.0¢ | $3.029M | 27.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 374502 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 3715512 | 56 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |