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

CXZ

0.00%

3.0¢ connexion mobility ltd

Earnings increasing & multiples expanding (Re-rate commencing), page-933

First 933 Last

Share
Profile

Follow
jjjaison

156 Posts.

6

04/09/20

17:59

Post #: 47100408
Share

Originally posted by YumYumHippo: ↑

all depends on when this joker decides he has got enough shares however he has done a solid job shaking out retailers the last few days, im guessing yesterday he was at about 250k worth of shares due to that giant dump into .023 yesterday and then the massive amount he bought again at .02 this morning so lets say he got to 350k worth today, I personally dont often see big dog investors jump in with much more than that at these levels very often due to the risk factor involved, they tend to buy about that much and then flip it for a few million a couple of bags later or accumulate more as they go up. However with the amount of sales left i think he will give it atleast one more shake before moving on. As for the sale side majority of that is held above .029 so even though it looks like bids are out numbered they actually out number the sales by about 10m at the moment from .028 down.

All we need is for this guy to stop accumulating and i believe we will be on our way. This all totally depend on how the market behaves on monday with another red day predicted for america and their market closed on monday. If we get a good few days of green, this guy finishes accumulating and we get a new major share holder announcement i definitely think we will see mid 3s by end of next week.

Expand

Sorry, i disagree, i dont think we will see mid 3s next week. I think the following may happen:

1. new insto finish accumulating, price back @ ~0.026c
2. announcement of new CEO ~0.029 - 0.03c
3. new deals / good quaterly pushes us to 0.035c +

hopefully i am wrong, coz i got in above 0.03. However, i just dont see us going back above 0.03 without any news.

Originally posted by YumYumHippo: ↑

all depends on when this joker decides he has got enough shares however he has done a solid job shaking out retailers the last few days, im guessing yesterday he was at about 250k worth of shares due to that giant dump into .023 yesterday and then the massive amount he bought again at .02 this morning so lets say he got to 350k worth today, I personally dont often see big dog investors jump in with much more than that at these levels very often due to the risk factor involved, they tend to buy about that much and then flip it for a few million a couple of bags later or accumulate more as they go up. However with the amount of sales left i think he will give it atleast one more shake before moving on. As for the sale side majority of that is held above .029 so even though it looks like bids are out numbered they actually out number the sales by about 10m at the moment from .028 down.

All we need is for this guy to stop accumulating and i believe we will be on our way. This all totally depend on how the market behaves on monday with another red day predicted for america and their market closed on monday. If we get a good few days of green, this guy finishes accumulating and we get a new major share holder announcement i definitely think we will see mid 3s by end of next week.

Expand

CXZ Price at posting: 2.1¢ Sentiment: Hold Disclosure: Held
6 Upvote

1 Great analysis

Reply

Top Stories

Week 28 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

NIM

Nimy to raise $1.21M to explore 'newsy' WA targets

Bitcoin investors need to know the risks

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

MDI

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

There are more pages in this discussion • 401 more messages in this thread...

First 933 Last

Add CXZ (ASX) to my watchlist

(20min delay)
Last 3.0¢		Change 0.000(0.00%)		Mkt cap ! $26.30M

Open	High	Low	Value	Volume
3.0¢	3.0¢	2.9¢	$18.8K	630K

Buyers (Bids)

No.	Vol.	Price($)
2	354827	2.9¢

Sellers (Offers)

Price($)	Vol.	No.
3.0¢	601534	3

View Market Depth

No.	Vol.	Price($)
2	354827	0.029
6	848781	0.028
8	6211225	0.027
6	2829923	0.026
1	40000	0.025

Price($)	Vol.	No.
0.030	601534	3
0.031	267144	2
0.033	850975	3
0.034	29440	1
0.036	50000	1

Last trade - 14.57pm 12/07/2024 (20 minute delay)

CXZ (ASX) Chart

Earnings increasing & multiples expanding (Re-rate commencing), page-933

Week 28 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Nimy to raise $1.21M to explore 'newsy' WA targets

Bitcoin investors need to know the risks

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Earnings increasing & multiples expanding (Re-rate commencing), page-933

Top Stories

Week 28 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Nimy to raise $1.21M to explore 'newsy' WA targets

Bitcoin investors need to know the risks

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News