I am more in the opinion that a single shareholder with a few million shares ( maybe 2 mil) had enough of waiting for the Train and loaded off.
the CEO holds around 70% of the registry so there is very little liquidity and other LTH are familiar with the volatile nature of CMP .
This apathy from the investing community towards CMP may be justified as there is potential but hardly any progress in comparison.
For me, it is an opportunity to buy as I imagine that over time things may eventuate.
Ann: Half Year Accounts, page-20
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Last
29.0¢ |
Change
0.010(3.57%) |
Mkt cap ! $53.29M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 29.0¢ | 28.0¢ | $9.397K | 33.01K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11049 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 5699 | 1 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| CMP (ASX) Chart |