I note that there have been many comments about the short sellers and the level of selling. The volumes tell a different story - we have an absence of strong buying interest rather than waves of selling pressure as the highlighted recent daily volumes on the chart below highlights. Much lower daily volumes than, say Sept 2022 to Jan 2023. when it definitely was the short sellers driving the stock down
We need more buyers at the moment and for some reason, they are not yet prepared to buy the CXO story..... So the price struggles to get traction in the meantime.
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Last
9.0¢ |
Change
-0.002(2.17%) |
Mkt cap ! $192.3M |
Open | High | Low | Value | Volume |
9.2¢ | 9.3¢ | 9.0¢ | $782.5K | 8.617M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
101 | 5022608 | 9.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.1¢ | 157551 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
101 | 5022608 | 0.090 |
16 | 800571 | 0.089 |
15 | 755116 | 0.088 |
7 | 205046 | 0.087 |
6 | 139088 | 0.086 |
Price($) | Vol. | No. |
---|---|---|
0.091 | 157551 | 4 |
0.092 | 11379 | 2 |
0.093 | 537685 | 8 |
0.094 | 483836 | 6 |
0.095 | 925269 | 9 |
Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
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CXO (ASX) Chart |