I’ve seen this pattern before around September /October with the large number of X trades.
Holders aren’t giving up their shares so the funds have to manufacture X trades by selling to each other to give the appearance of a sliding share price.
We all know what happened in November
CXO - Chart Thread, page-6019
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Last
9.7¢ |
Change
0.006(6.59%) |
Mkt cap ! $201.9M | |||
| Open | High | Low | Value | Volume |
| 9.2¢ | 9.7¢ | 9.0¢ | $992.2K | 10.67M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 235505 | 9.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.7¢ | 485406 | 14 |
View Market Depth
| Last trade - 14.56pm 31/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |