Top 20 changes explain a lot about the constant selling pressure. Looks like our speculation about Tim has finally proved true with him selling down over 25m ($900K at todays SP) over the last 4w. The other notable seller was Nero Resources Fund @ 16.5m (I'm not aware of a direct link to Kestell but while he was at Neon, they and Nero had a significant interest in CMM and co-ordinated a board spill). Who knows the reason for selling down given his awareness of inner workings with the company in such recent times, but does spite play a part? A lot of money to play games with though in my opinion, unless he's trying to keep the SP down for a low takeover bid in the hope the board will get tempted to sell out before realising our true value? Was looking forward to seeing us climb today, but may take some time for this news to be digested by funds.
Top 20 changes explain a lot about the constant selling...
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Last
3.6¢ |
Change
0.003(9.09%) |
Mkt cap ! $99.43M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.6¢ | 3.3¢ | $149.1K | 4.357M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500000 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 1155996 | 4 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AUC (ASX) Chart |