@TJ22
Have been out all day and just had my first look for the day after the close during the 10 minute auction period and see share price manipulation is continuing ... and it's not hard to do with a tightly held illiquid stock really .. near the end of the auction period there was ...
- 1 buyer for 11,548 shares @ 35c
- 1 seller for 11,569 shares @ 35c
- and then 1 seller for 30k shares @ 35c
So the final sale was pushed down to 35c
- On the other side of the coin had someone purchased just 396 shares @ 37c for the princely sum of $147 at the end of the auction the final sale price would have been 37c for no change for the day.
That's why I don't take too much notice of charting tightly held and low SOI stocks such as CNB which can be pushed up or down very easily.
I guess some have their own agenda's ...... this is not a sprint with lots of work ahead of us ..... some are pushing for an expectation that every single drill result will be Company making .... well that's not realistic.
If exploration was that simple every company on the ASX would be an actual producer ..... and that's unlikely to put it mildly ....
All good .....
- Forums
- ASX - By Stock
- CNB
- CNB and why it is STILL undervalued!!
CNB and why it is STILL undervalued!!, page-1193
Featured News
Add CNB (ASX) to my watchlist
(20min delay)
|
|||||
Last
36.5¢ |
Change
-0.020(5.19%) |
Mkt cap ! $62.75M |
Open | High | Low | Value | Volume |
37.0¢ | 37.0¢ | 36.5¢ | $56.54K | 153.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 16756 | 36.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
38.0¢ | 24697 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 16756 | 0.365 |
3 | 10913 | 0.360 |
3 | 39000 | 0.355 |
10 | 117391 | 0.350 |
1 | 30000 | 0.345 |
Price($) | Vol. | No. |
---|---|---|
0.380 | 24697 | 3 |
0.385 | 1666 | 1 |
0.400 | 20461 | 4 |
0.410 | 25000 | 2 |
0.415 | 28500 | 2 |
Last trade - 15.42pm 15/11/2024 (20 minute delay) ? |
Featured News
CNB (ASX) Chart |
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
CFO
Previous Video
Next Video
SPONSORED BY The Market Online