LIT were only issued 6m shares. They had 7m in CHR.
the reality is they would never have been able to move 7m thinly traded CHR shares without taking a bath in the value.
As WTT said selling their minor stake in CXO easily and without the drop in value nakes perfect sense if not great management. Other CHR sharehokders with sizeable holdings will no doubt be watching with interest.
LIT were only issued 6m shares. They had 7m in CHR.the reality...
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $225.0M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.3¢ | 10.5¢ | $536.3K | 4.933M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 96 | 4283334 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 1066000 | 5 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| CXO (ASX) Chart |