CDX cardiex limited
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The trading pattern over the past two weeks is obviously someone...

  1. huggybear_dk
    1,505 Posts.
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    12/11/21
    11:11
    Post #: 57523106
    The trading pattern over the past two weeks is obviously someone wanting to discourage option conversions. Tiny sells into the bid for a few hundred dollars at a time and sometimes crossing the spread if its a few ticks even just to sell a few hundred dollars worth.

    The only reason I can see for this is so CDX doesn't get the full 8M in cash from conversions and will be forced to cap raise for the CONNEQT launch etc.

    EG: last trade at 6.1 for $630.
    CDX Price at posting: 6.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
4.0¢ 		Change
0.000(0.00%) 		Mkt cap ! $17.94M
Open High Low Value Volume
4.0¢ 4.0¢ 4.0¢ $12.03K 300.7K

Buyers (Bids)

No. Vol. Price($)
1 15000 3.9¢
 

Sellers (Offers)

Price($) Vol. No.
4.5¢ 157414 2
View Market Depth
Last trade - 13.15pm 23/06/2025 (20 minute delay) ?
CDX (ASX) Chart
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