'madcat' thanks for the post, but can I add just a little more?...

'madcat' thanks for the post, but can I add just a little more?

The total number of shares that went through on that Sell was 119,831 in Total. The Seller was seen earlier on in the day @ $1.50~ from what I observed after open. That Sell offer disappeared not long after. The buy side also had a fake order, hoping that the price would rise on their 'false' offer.

Then after the Seller (119831) saw that there were sufficient buyers offering a Buy price with sufficient volume and at a $1.40 buy, they dumped ALL their 119831 shares in one hit ! Please correct me if i am wrong in my observation.

How do I know it was all from the same Seller, have a look at the Sell sales all at the same time (Pic below), all within the same second, 10:58:33 am, one Sale ! One stroke of the finger and they were all Sold @ $1.40

As I have not seen any indication from the CR Ann's from CNB that stipulate any ESCROW, none at all, this is what I expected after a CR with great promise. They can sell whenever they like !

You see these Sophisticated Investors do this for a living, it has been going on for as long as I have been around.

Can you blame them; No. What would you do if you were in the same position, after shares listed on Monday, bought for $1.30 Sell on Thursday @ $1.40 with a nice 10c/Share Profit for $11,983 !

Frankly I thought they were lucky to see that number (119831) offering to Buy at or above $1.40

So the Seller Dumped big time and in a hurry !

Never mind, we know it was'nt Oz Mins, as they will be with us forever until possibly they may öwn us".

So no big deal on what happened today, fully expected, and maybe, just maybe a few more will perform this same exercise, time will tell. But who would sell with all the promise and expectations for CNB; a Sophisticated Investor. LOL

As we all wait in a hurry for more exciting news, which is almost guaranteed from what I can see from my analysis, let the "Sophs"do their thing in the meantime and POQ sooner than Later. LOL

It is not in my interests with the ASX to make comments on SP's and Trading, I am really interested in the Fundamentals, that is where my faith is in a Co like CNB.

But all of the above IMO, take from it anything you wish, or discard it completely.

GLTAH ........ Long Termers, the time is coming !


P.S. And NO, that was NOT me who Sold that 119831 !