Never heard of CMX before today's annx. Bought a few. Read more after close. I remember what I read correctly ANZ hold most of the options, (so no worry about funds, but also they will some/most when converted. Noticed 676k were exercised last week and others before. (The only practical reason that would happen is if somebody was going to sell. ( Sold for expected news??) So with 70m options overhanging it will be hard for the price to move hard in the near term, IMO. The option money will come in handy, but it will keep a lid on SP.
Longer term I like what I'm seeing and will buy more when I believe the time is right
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.74M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| CXM (ASX) Chart |
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