Had some interest in buying shares in CMD when I saw a Magnis Director take a solid stake in the company.
However it's a pretty high risk play betting that one of the poorest countries in the world will settle for 100 of millions.
Obviously the company and others are confident they have a case but the facts remain that even though they are in talks now to reach a settlement the company has very little cash and produces almost no income and even if buyers want to invest in this company the shares are almost illiquid...there are less than 1 million shares for sale by 6 sellers on Comsec between 3c and 6 cents.
Good luck to long term holders of this stock. I hope you are all rewarded for your faith in the company.
Will keep an eye on CMD to see if the media attention turns into $ for you all and may even take a solid stake in the company if some more sellers appear
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.252M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 4410000 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 1461879 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 4410000 | 0.005 |
11 | 7879199 | 0.004 |
3 | 1766666 | 0.003 |
1 | 700000 | 0.002 |
1 | 2500001 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 1461879 | 5 |
0.008 | 4861120 | 5 |
0.009 | 2381024 | 2 |
0.010 | 1256517 | 4 |
0.011 | 1675000 | 3 |
Last trade - 07.00am 15/08/2024 (20 minute delay) ? |
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