That was designed to make retail shareholders eyes water. It's a ploy to shake the tree. Thats why an after market dump. They could have quietly sold at $1.085 over the last 2 hours of normal trading but wouldn't create fear. Hence the after market dump. IMHO.
CXO - Chart Thread, page-7134
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 (20min delay)
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Last
11.0¢ |
Change
-0.010(8.33%) |
Mkt cap ! $235.0M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.0¢ | $1.472M | 12.86M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 85 | 3844280 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 885371 | 12 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |