The vast number of sales today were "relatively" small and tends to support my thoughts that the Wise Owl report has dragged a lot of their clients into the market. And this time has come at a very sensitive time for CM8, so, could see even more buying when people who bought today take time to read the whole story.
Today was an exceptional day given that there was no news and that too supports the Wise Own "prediction" of 63 cents attracting newbies.
With the current SP and negotiations taking place re possible equity to finance the deal, these prices, when compared to 20 cents when discussions began, should also significantly reduce any dilution.
This could make very serious gains if the terms of the deal prove to be as attractive as they seem!!!!!
CM8 on the move broker target 65c, page-55
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Last
1.6¢ |
Change
0.001(6.67%) |
Mkt cap ! $19.64M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.6¢ | 1.4¢ | $30.03K | 1.949M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2249378 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 361040 | 4 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| UNT (ASX) Chart |