Another capital raising or 2

  1. 76 Posts.
    Can someone tell me if my thinking is wrong. CXO at its current burn rate will need another 1 or 2 more Capital Raisings before they start making money 2019/2020. Until then, the share price will fluctuate in a small range. The only way the share price will go up big time is if CXO finds a huge deposit- as with most explorers. I am thinking of my love position with the company and finding a few cracks appearing.
 
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Last
28.5¢
Change
0.015(5.56%)
Mkt cap ! $873.9M
Open High Low Volume
26.5¢ 29.0¢ 26.0¢ 24.49M

Buyers (Bids)

Vol. Price($)
665000 28.0¢
 

Sellers (Offers)

Price($) Vol.
29.0¢ 596526
Last trade - 16.20pm 07/08/2026 (20 minute delay) ?
CXO (ASX) Chart
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