CMO 0.00% 5.8¢ cosmo metals limited

huge day today, page-8

  1. 928 Posts.
    change in substantial holder up 2 68% from 55%. Good increase as it had seemed to hav stalled a bit. Prob why we hav seen some action of late to try to entice SNN holders. Once it hit 3.6 seemed to be sold down so 2 me it looks like it is being capped, which isnt the first time it has happened, but I could be wrong. Hav a look at PEN and its 1:10, and sp action 2day on the last record day for the entitlement. Although PEN may fall tomm, it would be a good time for an ann. If the price was to take off 2 quickly in cmo now, I think u would get profit taking from the 2 cent ent and the price would drop quickly after the issue. I think momentum closer to issue is needed to entice SNN to stay holders in CMO. Just a theory, could be wrong and the sp could breakout tomm, but the charts hav looked good on a number of occasions but it just doesnt seem 2 breakout. It also seems to follow SNN trading patterns as well. It is still a good stock to hold atm because news still 2 come, the ent issue, and the sp shouldnt drop 2 much atm 2 entice SNN holders 2 CMO.
 
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Last
5.8¢
Change
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Mkt cap ! $7.433M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 250000 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 149772 5
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Last trade - 16.12pm 16/07/2024 (20 minute delay) ?
CMO (ASX) Chart
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