Centrex (ASX:CXM)

By Marc Kennis | August 4, 2022

Our investment strategy for Centrex (ASX: CXM)

Centrex (ASX:CXM) owns the globally significant Ardmore Phosphate Rock Project in Queensland. The project is now shipping phosphate rock to end-users and we believe the market is currently undervaluing this initial business.
Buy Centrex up to 16 cents.
Our minimum target price for CXM is 21 cents.
Use a stop loss at 12 cents.

 

Watch our recent interview with Centrex's CEO HERE.

 
Investment thesis:

China is ...

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