CAP 6.00% 9.4¢ carpentaria resources ltd

no buyers, page-2

  1. 6,612 Posts.
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    A look at the volumes demonstrates that alot of the exercised options holders bailed their alotments on Friday, Monday and Yesterday. By now there is probably just a few left that are looking at selling for 'easy money'.

    Also unluckysoul, CAP has very few shares on issue which makes it very hard to buy/sell without moving the price by 2-5%.Back in April when CAP surged up to over 60cents, there was a day when 50% of all of CAP's shares switched hands! That is quite extraordinary relative volume!

    So I guess what I'm saying is CAP is not your run of the mill small cap because with less than 100million shares, it is prone to extra volatility.
 
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Currently unlisted public company.

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