re: jv Stock performing poorly - perhaps to do with lack of JV, I agree the better interest is in CTO self funding the mine for the benefit of share holders. A J.V. would surely benefit those share holders holding for the short term, self funding the longer term and clearly most beneficial to the company in the long run. Interesting to see the updated share distrubution, only just over 8182 entities own CTO, and only 745 of those own more than 100,000 shares. More to the point - CTO should be much higher due to fundamentals however technically speaking the chart for them couldn't get much worse, or could it? With gold recently cracking $600 you would expect the price to surge, if even only a little. Oil was down 3% last night and one would expect gold to follow tonight and if that is the case - (IF) - what would the price be expected to be if gold were to retrace, say to $590? What of the 2 institution related trades passing today at around 5.5mil (one over 2.6mil, the other over 2.9mil) shares at 38.5c? Those special X-trades would have been made off market in the last 24 or 48 hours. Perhaps an entity moving shares to another entity, or is it more than that?
- Forums
- ASX - By Stock
- a new information thread
re: jv Stock performing poorly - perhaps to do with lack of JV,...
-
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CTO (ASX) to my watchlist
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $12M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $20.71K | 5.177M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 14414790 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 2859251 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 14414790 | 0.004 |
14 | 7625686 | 0.003 |
5 | 5395025 | 0.002 |
9 | 13202988 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 2859251 | 8 |
0.006 | 4680000 | 4 |
0.007 | 305857 | 2 |
0.008 | 3698515 | 5 |
0.009 | 1737558 | 5 |
Last trade - 13.09pm 28/06/2024 (20 minute delay) ? |
Featured News
CTO (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online