This is created by combination of bots (they don't pay brokerage fees and they moving money from left to right) and general market negative sentiment (supply chain instability) causing some nervous retailers to sell.
Charts are now relevant to CTT - we had support at 3.75, it broke and sent us to next level of support 2.95 reached today. It need to hold on mon - tue and we're safe.
CGT discount kicks off on 15th Dec. Considering recent highs....smart people know what CTT share is capable, I don't see much selling from 15th onwards.
Just look at last 12 months, we had a dip in June caused by AFR article, from $3 to $2 and we hit $4 in September. We went back to $3 and hit $4.80 few weeks ago.
We're now to $3 again, and good Q4 results will send us above $5 in no time.
If there is any CGT selling, Regal will buy whatever is on offer anyway, and key shareholders and executives are on long term retainers.
I bought a parcel today at 3.02 happy with the decision. GLTAH.
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Last
$1.37 |
Change
0.015(1.11%) |
Mkt cap ! $522.2M |
Open | High | Low | Value | Volume |
$1.37 | $1.40 | $1.33 | $3.402M | 2.486M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2139 | $1.37 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.38 | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2139 | 1.370 |
1 | 20000 | 1.365 |
3 | 11000 | 1.360 |
2 | 6938 | 1.355 |
16 | 121639 | 1.350 |
Price($) | Vol. | No. |
---|---|---|
1.375 | 2000 | 1 |
1.380 | 40000 | 2 |
1.385 | 21000 | 2 |
1.390 | 26978 | 2 |
1.395 | 30000 | 1 |
Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
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CTT (ASX) Chart |