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15.5¢ comet ridge limited

Ann: Investor Update Presentation, page-4

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Antiques Of Woodstock

142 Posts.

166

14/03/18

19:33

Post #: 31756954
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Originally posted by lukemccann ↑

SP pulled down to 27 cents with 14 shares traded. getting jack of this

This exactly illustrates my point a previous post about the crazy way that listed companies are valued – with the share price falling to 27 cents with only 14 shares having traded – this in turn means that on this one trade of 14 shares worth $3.78 the share price fell by $0.01 to $0.27 which in turn means that $3,735,000 was wiped off our market cap for that fleeting moment.

Since that time the share price has risen by 1.5 cents to $0.285 on a trading volume of 1.18 million shares which in turn adds $5,602,500 to our market cap.

This is the madness of the markets and one can easily see how those trading the volatility can dribble small trades into the market to greatly effect the share price before hedging their bets on future market movement.

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COI Price at posting: 28.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 15.5¢		Change -0.005(3.13%)		Mkt cap ! $172.1M

Open	High	Low	Value	Volume
15.5¢	16.0¢	15.0¢	$129.5K	831.9K

Buyers (Bids)

No.	Vol.	Price($)
3	318083	15.5¢

Sellers (Offers)

Price($)	Vol.	No.
16.0¢	543090	2

View Market Depth

No.	Vol.	Price($)
3	318083	0.155
8	291404	0.150
1	100000	0.145
3	338572	0.140
2	153704	0.135

Price($)	Vol.	No.
0.160	15000	1
0.165	584462	9
0.170	748253	12
0.175	87750	3
0.180	300372	6

Last trade - 16.10pm 01/11/2024 (20 minute delay)

COI (ASX) Chart

Ann: Investor Update Presentation, page-4

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Ann: Investor Update Presentation, page-4

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