Can this scenario happen?
Companies during the rebalancing purchase large quantaties of shares at a higher price.
They then short them.
They have to replace those share inevitably.
When they replace them they go direct to the company or broker and buy them back in bulk through a capital raise cheaper. Then transfering them back.
Hense why maybe SB has sold out most, knowing the scenario.
Is it all rigged from these big boys?
- Forums
- ASX - By Stock
- CXO
- Banter and general comments
Banter and general comments, page-11785
-
- There are more pages in this discussion • 27,037 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 CXO (ASX) to my watchlist
(20min delay)
|
|||||
Last
8.3¢ |
Change
-0.008(8.79%) |
Mkt cap ! $177.3M |
Open | High | Low | Value | Volume |
9.0¢ | 9.0¢ | 8.3¢ | $4.722M | 56.06M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1606055 | 8.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.6¢ | 110070 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1606055 | 0.083 |
9 | 552421 | 0.082 |
21 | 1635327 | 0.081 |
74 | 3001090 | 0.080 |
2 | 37659 | 0.079 |
Price($) | Vol. | No. |
---|---|---|
0.086 | 110070 | 6 |
0.087 | 906456 | 10 |
0.088 | 884499 | 10 |
0.089 | 730081 | 6 |
0.090 | 1107191 | 19 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
CXO (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online