Australia's largest stock trading and investment forum Australia's #1 stock forum

CE1

Click for more information

0.00%

0.9¢ calima energy limited

Your view on the "Montney sale price"?

First 63 Last

Share
Profile

Follow
Sharetrader78

13,325 Posts.

1926

26/10/23

09:40

Post #: 70545024
Share

Originally posted by monark: ↑

Last few months (from mid year) i have seen one of HSBC's funds that held over 18m shares (and probably more before i started following it) gradually sell down . I reviewed Top 20's on a few occassions and this was clearly evident.. imo this is why we had the divergence between oil price rising (from $60 to $90 WTI) whilst share price was dropping and continued to drop.

I would guess that they have now finished selling out given they fell off the Top 20 a few weeks ago and given market depth / volume, id say that's the case.

Time for share price to start reflection valuation, which imo is much higher than $50m odd.

Expand

Your view on the "Montney sale price"?

CE1 Price at posting: 8.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

LRD

Lord picks up high-grade copper play in Western Australia, with past intercepts of up to 6.62%

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Bitcoin jumps 8% to beat record on Trump vote optimism

SI6

Nanocap Si6 Metals to kick off drilling at Monument gold project WA, chasing past hits

There are more pages in this discussion • 202 more messages in this thread...

First 63 Last

Add CE1 (ASX) to my watchlist