Australia's largest stock trading and investment forum Australia's #1 stock forum

CF1

Click for more information

4.55%

2.1¢ complii fintech solutions ltd

IAM Market Activity Discussion, page-298

First 298 Last

Share
Profile

Follow
growler1969

7,316 Posts.

2280

10/11/16

10:04

Post #: 20508932
Share

Originally posted by harba ↑

ffxssj, there simply isn't enough support for this company and its driven solely by retail holders, which is very dangerous in my view.

there has been no formal valuation placed (forward looking) from a credible source (outside of HC) and the company is ignoring the institutional market at least for the near term, this is a black mark in my view.

to answer your question, I would suggest that low - mid 3c range and up to low 4c is where the SP will remain for some considerable time. any announcement on a 2nd MOU will just profit the traders and it will retreat straight back to these levels rapidly.

on the last run up to 5.2c someone who has ramped this stock hard and got a lot sucked in to buying at much higher levels suggested that there isn't enough volume available, I almost choked reading that comment. we have a Billion shares on issue with no institutional support, doesn't take a genius to work out the maths on just how much easy stock is actually available on market.

Expand

I hope you understand irony:
1. there has been no formal valuation placed (forward looking) from a credible source (outside of HC)
2. Before proceeding to give a valuation.

IAM Price at posting: 3.8¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

ITM

iTech lifts MRE at Eyre Peninsula Graphite Project by 300%

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

ASX Market Update: ASX200 in the red but real estate faring better | 1 June 2024

LIN

Lindian shares jump on news of low-cost feasibility results for Kangankunde REE project

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

There are more pages in this discussion • 302 more messages in this thread...

First 298 Last

Add CF1 (ASX) to my watchlist

(20min delay)
Last 2.1¢		Change -0.001(4.55%)		Mkt cap ! $11.92M

Open	High	Low	Value	Volume
2.0¢	2.1¢	2.0¢	$3.293K	161.7K

Buyers (Bids)

No.	Vol.	Price($)
3	1506446	2.0¢

Sellers (Offers)

Price($)	Vol.	No.
2.1¢	864940	3

View Market Depth

No.	Vol.	Price($)
3	1506446	0.020
1	688535	0.019
1	345696	0.018
3	1252000	0.017
1	1000000	0.016

Price($)	Vol.	No.
0.021	864940	3
0.022	1211200	2
0.050	550000	1
0.060	17225	1
0.062	85000	1

Last trade - 10.03am 01/07/2024 (20 minute delay)

CF1 (ASX) Chart

SPONSORED BY