CNX 0.00% 7.4¢ carbon energy limited

Accumulation continues - positive week(s) ahead, page-37

  1. 1,303 Posts.
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    Very interesting - the accumulation continues (buyers have been patient). Was almost going to post around midday - but too busy with my day job.

    Volume 18,366,183 and VWAP $0.013936.

    My observations:

    Re-rating continues. Buyers are lined up. Perhaps news on its way.



    Buyer for 8,000,000 at 1.3cents only slightly munched. Still asking for 7,224,863 (might miss out now).

    Looks like someone else got a bit impatient.

    I'm still of the opinion that it won't really take off until after the oppies overhang is removed.

    But having said that, it looks rather primed for lift off on the back of any 'positive' news.

    Management might try to feed the market - but have probably missed the window given they expire n just over two weeks time.

    Happy to take it day-by-day, slow and steady.
 
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