I have been watching the CPM trading patterns for a few months now and it seems to me to be shorted or possibly manipulated.
Must check the shorts list for the stock.Quite possibly tax loss trades before the EOFY, followed by buying in July. Don't forget for every seller there is a buyer in this case, especially above 20 cents per share.There is no massive sell off,but it's annoying to me.
I get a feeling someone is accumulating a larger position. Must get the latest top 20 holder list and see what's going on.
Just my views,
No advice, DYOR. seen this sort of trading far too often.
Cheers,
HR
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Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.619M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 11.0¢ | $33.52K | 304.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12936 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 86865 | 1 |
View Market Depth
| Last trade - 15.59pm 28/05/2024 (20 minute delay) ? |
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Last
11.0¢ |
Change
0.000 ( 4.35 %) |
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| Open | High | Low | Volume | ||
| 11.0¢ | 11.0¢ | 11.0¢ | 140325 | ||
| Last updated 15.05pm 28/05/2024 ? | |||||
| CPM (ASX) Chart |