It's all one big game, you want money, here it is, but we want to make money also the insto says.
None of these capital people are in it for the love of the company, they are here for profit, 40c to that gap at 85.5c is a nice return for them. Or the price target of 75c
The company would have proved what the funds will achieve and what the SP will be in the future.
The anger and frustration here plays into the hands of a TO bidder if there is one, or accumulator (buy when all hope is gone), everyone wanting to dump their stock, they buy it all up cheap, ride out the storm, announcements come and hey presto they are up big and a sell bot enters again. This type of action has been going on for so many years now!
I will take some at 40c or lower, less pain my end as I only just started getting into CXO, feel for the LT holders though as this is painful to watch for them.
CK
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Last
14.0¢ |
Change
-0.005(3.45%) |
Mkt cap ! $299.1M |
Open | High | Low | Value | Volume |
14.5¢ | 14.5¢ | 14.0¢ | $999.4K | 7.094M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 562495 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 1865586 | 24 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 562495 | 0.140 |
77 | 3582780 | 0.135 |
62 | 2769990 | 0.130 |
27 | 963437 | 0.125 |
37 | 1103381 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 1865586 | 24 |
0.150 | 3118297 | 58 |
0.155 | 3140263 | 48 |
0.160 | 3243800 | 45 |
0.165 | 1232837 | 38 |
Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
14.3¢ |
  |
Change
-0.005 ( 0.70 %) |
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Open | High | Low | Volume | ||
14.3¢ | 14.5¢ | 14.0¢ | 3627147 | ||
Last updated 15.59pm 02/05/2024 ? |
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