Some downward price movement this morning with quite an exceptional number of CXXT cross trades (via ASX - CXXT is a cross trade or crossing that has occurred in ASX CentrePoint at the current midpoint price.). My source of market cap and rank indicates CTT is ranked 289 currently.
I am thinking the selling isinfluenced by one or more larger fund managers moving shares via CXXT from one index based fund to another with other random buys and sellers in the mix of trades.
Given that Christmas website traffic stats are likely to drop between tonight (USA) and Saturday someone is playing ahead of 'the game' here.
It may be that Christmas shopper traffic exceeds or does not exceed the exceptional November stats - in any event the visits from Sept, Oct & Nov clearly show the dramatic upsurge CTT is experiencing and that will translate to revenue.
Sept 2.0m, Oct 2.8m, Nov 4.7m (Nov up 69% over Oct)
As I write the SP continues to go lower. (@$3.35 atm) so I need to consider the level at which I will buy some more.
GLTAH
Some downward price movement this morning with quite an...
-
- There are more pages in this discussion • 61 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CTT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.17 |
Change
0.065(5.88%) |
Mkt cap ! $446.0M | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.23 | $1.11 | $17.17M | 14.64M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11146 | $1.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.17 | 51466 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CTT (ASX) Chart |