Livewire a bit late to the party..
This video might have meant something maybe a month or two ago but now it is redundant. Most retail and long holding instos have already sold.
Anyone who comfortably 'owns' these shares at 27c (given how far it has plummeted) is obviously comfortable holding even at 20c - knowing the lower it goes, the closer it is to rebounding and they probably have more powder ready to go.
The majority of people selling out now are those who have borrowed shares to short - they aren't long holders of the stock.
Poor sentiment on the perceived economics of CXO has run its course. Just games being played now and they won't last forever.
Banter and general comments, page-34380
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Last
9.2¢ |
Change
-0.002(2.13%) |
Mkt cap ! $196.5M | |||
| Open | High | Low | Value | Volume |
| 9.4¢ | 9.4¢ | 9.0¢ | $1.679M | 18.34M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 293 | 9.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.3¢ | 276590 | 6 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
9.2¢ |
Change
-0.002 ( 2.23 %) |
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| Open | High | Low | Volume | ||
| 9.4¢ | 9.4¢ | 9.0¢ | 10903918 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| CXO (ASX) Chart |