Liquidity event for the fella that's been offloading the last 2 months.
Traders jump in 48-50c this morning, fella selling it drops ~1 million shares and and now all the traders are at a loss and they climb over each other to exit.
Additionally it's possible these results or the webinar were worse than expected for someone with a couple million shares and they're selling now too. Bit too hard to know really. I doubt it though as the EBITDA was a slight beat over guidance.
To me the result was decent but we never know what others are thinking.
edit: as I'm typing this an offer for 220,640 shares moved up from 43.5c to 44.5c when a buyer showed up. I'm now thinking its been manipulated a bit to force traders from this morning to take the loss. That 220,640 offer obviously doesn't want to get hit.
Guess we'll find out in the coming days/weeks
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Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $117.0M |
Open | High | Low | Value | Volume |
23.0¢ | 25.0¢ | 21.5¢ | $353.6K | 1.567M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 173787 | 21.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.0¢ | 90438 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 165787 | 0.215 |
3 | 147704 | 0.210 |
3 | 138067 | 0.205 |
20 | 329195 | 0.200 |
4 | 77000 | 0.195 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 90438 | 3 |
0.230 | 100000 | 1 |
0.240 | 177236 | 2 |
0.250 | 79302 | 2 |
0.255 | 113000 | 1 |
Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
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CLG (ASX) Chart |