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3.33%

5.8¢ cadoux limited

I believe the stock gets manipulated by large instutions because...

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rxl001

298 Posts.

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27/10/20

17:32

Post #: 48429308
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Originally posted by Tcb007: ↑

Didnt really want to look at the shareprice today. Although it was a great open - had a gut feel it was going to get sold down badly and it did.

Anyway, to put things into perspective - here's a list of Kaolin/HPA players and their market caps at close of business today. Our main competitors are A4N and ATC. SUV who have just started drilling is nearly double our cap now and KRR who have been trying to finalise their DFS for the past 1 year are an incredible $45m cap.

ADN $314m

A4N $200m

AXE $110m

SUV $63m

ATC $45m

KRR $45m

FYI $38m

PM1 $36m

Overall a bad day to be complaining but Roly needs to get some support from Insto's or sticky holders at current levels. Let's revisit where we are after the lab results come back.

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I believe the stock gets manipulated by large instutions because success is in sight and they want to flush out the weak hands, classic tactics of the big boys.

FYI Price at posting: 14.5¢ Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

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(20min delay)
Last 5.8¢		Change -0.002(3.33%)		Mkt cap ! $21.51M

Open	High	Low	Value	Volume
6.0¢	6.0¢	5.8¢	$11.20K	189.0K

Buyers (Bids)

No.	Vol.	Price($)
1	97084	5.8¢

Sellers (Offers)

Price($)	Vol.	No.
6.4¢	70000	1

View Market Depth

No.	Vol.	Price($)
1	97084	0.058
2	103698	0.057
1	250000	0.055
1	185000	0.053
1	100000	0.051

Price($)	Vol.	No.
0.064	70000	1
0.065	14000	1
0.068	322000	2
0.069	125000	1
0.070	222613	10

Last trade - 15.59pm 27/05/2024 (20 minute delay)

CCM (ASX) Chart