Why did they sell down? If they want to dump, they would not do...

  1. 1,503 Posts.
    lightbulb Created with Sketch. 184
    Why did they sell down? If they want to dump, they would not do it this way (i.e. alerting the market first that they want to dump). The modus operandi is to dump first and notify later.

    So it is mysterious as to the why. They still have 20% or so, so exiting will likely crater SP significantly at the present. So my conclusion is that somehow they need to get some fund and had to sell down, not an intention to exit the stock.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
4.4¢
Change
-0.002(4.35%)
Mkt cap ! $19.34M
Open High Low Value Volume
4.3¢ 4.5¢ 4.3¢ $30.42K 693.8K

Buyers (Bids)

No. Vol. Price($)
2 15460 4.4¢
 

Sellers (Offers)

Price($) Vol. No.
4.6¢ 103814 2
View Market Depth
Last trade - 16.10pm 13/06/2025 (20 minute delay) ?
CBE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.