The longer term concern I have is that CTO has violated it's log uptrand that had been in place since 2001. Also, a double bottom on increasing volume hasn't proved as reliable an indicator as on declining volume for me. Conversely, maybe the increasing volume is accumulation (fingers crossed), and not a set up to break to new lows.
This technical picture coupled with management's consistent over promising and underdelivering gives me a very sick feeling in my stomach - where's the Mylanta..
cto alert ... astrostuff update ....., page-4
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Last
0.5¢ |
Change
0.001(11.1%) |
Mkt cap ! $15M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $20.45K | 4.544M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 13896816 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 8068072 | 7 |
View Market Depth
| Last trade - 13.18pm 26/07/2024 (20 minute delay) ? |
| CTO (ASX) Chart |