CFO 0.00% 0.2¢ cfoam limited

market cap 8mil at 1.4 watch this space !, page-131

  1. 3,496 Posts.
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    Looks like whomever was brokering through Morrison were the main culprit/s from end of last weeks spike.. Seems those through Hartleys saw an opportunity to exit.. Now it will be interesting to see the data from end of this week, if either of these guys broker in positive net value of trades.. That will confirm the day trading action..

    This data MAY also confirm the likelihood of an upcoming capital raise, raise the vwap and those 708s/instos get a better discount

    So looks like Morrison et al have enticed retail to help exit by buying small packages to sell into an average of 17c..

    Data backs my speculation up and happy to debate the logic..

    https://hotcopper.com.au/data/attachments/3357/3357994-8cb57c9431120de4ecda2bb5c59deaed.jpg
 
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