CMD - a tightly held share register, page-2

I have noticed that as well Mike.

CMD closed at $0.027, up 12.5% today, but what really caught my attention was the order depth.

Take a look at this snapshot from market close:

Buyers (22 total – 43.8M units)

✅ 60,000 @ 0.026

✅ 66,000 @ 0.025

✅ 2.33M @ 0.023

Sellers (Only 6 – 5.14M units)

⚠️ 120,000 @ 0.028

⚠️ 95,498 @ 0.036

⚠️ 4.52M @ 0.037

The spread is gaping from 0.028 to 0.036 – a full 28% jump between the first and second sell levels. That’s not normal. That’s hesitation?

Just 6 sellers left in the queue. This is one of the thinnest sell sides I’ve seen on CMD in months.

Buyers are stepping in, but sellers aren’t budging – and volume today was modest (229k), indicating very little real supply is actually moving.

Market dynamic is now favouring the bulls. If any news drops — Ghana ruling, corporate update, anything — we could see violent price action upward due to this thin supply wall.

The signs are there: sellers drying up, buyers circling. CMD could be about to move — hard and fast.

Not advice. DYOR. Just sharing what I’m seeing.