Problem is they still have shed loads of shares and CS will be playing with the shares by shorting. There's still is a massive overhang and until they are gone, the share price is their new shiny plaything. I've seen the same dance play out on other stocks.
They will sell again when the next positive announcement comes out and ADR will not make real gains in SP until they are gone.
Don't confuse this with knocking the Company. I like the Company, its products and its future and this is part of the pain they need to go through to take it to the next stage.
- Forums
- ASX - By Stock
- ADR
- Ann: Change in substantial holding
Ann: Change in substantial holding, page-7
-
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADR (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.861M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 50256 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 329035 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 50256 | 0.013 |
3 | 415480 | 0.012 |
2 | 340000 | 0.011 |
1 | 299995 | 0.010 |
3 | 625560 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 329035 | 2 |
0.016 | 183385 | 3 |
0.017 | 469686 | 2 |
0.019 | 99985 | 1 |
0.023 | 90000 | 1 |
Last trade - 12.53pm 04/10/2024 (20 minute delay) ? |
Featured News
ADR (ASX) Chart |
Day chart unavailable