10 mil lot at 0.2 cent sold today, another waiting at 0.3 cent, 0.5 cent and 0.6 cent, indicating where this rally is about to move towards to as a target.
Underwriters will push price up to the 0.6 stage, with 0.7 cent just being touched, in my humble opinion.
Combined with the 15 mil currently sitting at 0.2 to take advantage of the momentum, there are 55 mil shares on offer from our underwriter to offload at the early stage of the rally in the making, representing half of their shares.
All in my opinion.
Rally needs to clear those 120 mil of our underwriter comfortably, so I guess we look at 250 mil plus traded in the next 3 weeks.
- Forums
- ASX - By Stock
- CAI
- the colt from old regret
the colt from old regret, page-26
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CAI (ASX) to my watchlist
(20min delay)
|
|||||
Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $93.67M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
CAI (ASX) Chart |
Day chart unavailable