Big difference between retail and sophisticated investors. Retail will impatiently sell for a minor profit whereas sophisticated investors will patiently buy strategically. Sell down was inevitable unfortunately, look at the bright side, there is plenty of buying interest at 15c. Perhaps retail investors were expecting a big surge in SP after the PFS, but these buyers are too smart to pay a premium. They will keep topping up until the traders have been soaked up. The wall up to 20c may be legitimate, but with genuine interest it can be taken down in a heartbeat. Anyone selling now will miss the positive effects to flow from the PFS.
- Forums
- ASX - By Stock
- CAY
- Ann: Pre-Feasibility Study for Minim Martap Bauxite Project
Ann: Pre-Feasibility Study for Minim Martap Bauxite Project, page-73
-
-
- There are more pages in this discussion • 121 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CAY (ASX) to my watchlist
(20min delay)
|
|||||
Last
8.0¢ |
Change
-0.004(4.76%) |
Mkt cap ! $113.1M |
Open | High | Low | Value | Volume |
8.4¢ | 8.4¢ | 8.0¢ | $195.9K | 2.446M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 2335480 | 8.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.3¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 2335480 | 0.080 |
5 | 6525316 | 0.079 |
1 | 100000 | 0.077 |
2 | 750000 | 0.076 |
2 | 5300001 | 0.075 |
Price($) | Vol. | No. |
---|---|---|
0.083 | 100000 | 1 |
0.084 | 345680 | 4 |
0.085 | 364900 | 4 |
0.086 | 430000 | 2 |
0.087 | 230000 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
CAY (ASX) Chart |