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.
China is ...