CTE 1.82% $1.12 cryosite limited

Today we have evidence of another swap at the top in the...

  1. 1,173 Posts.
    lightbulb Created with Sketch. 588
    Today we have evidence of another swap at the top in the tightly-held share register of Cryosite.

    An investor outlaid some $144k on 400k shares at 36c.

    The on-market deal boosted daily turnover to the third highest for the year.

    Is today's buyer associated with director Andrew Kroger? Or top institutional holder DMX Asset Management? Or is it another insto new to the register?

    Whatever, I regard the deal as a further bullish indicator for CTE.

    While the stock has triple-bagged in the last 52 weeks, MC today stands $17.3m.

    This a modest number for a TGA-backed operation that plays a pivotal role in the $1b+ Australian clinical trials industry.

    I think today's buyer is aiming to double its money. And I sense it will.
 
watchlist Created with Sketch. Add CTE (ASX) to my watchlist
(20min delay)
Last
$1.12
Change
0.020(1.82%)
Mkt cap ! $54.66M
Open High Low Value Volume
$1.12 $1.12 $1.12 $409 365

Buyers (Bids)

No. Vol. Price($)
1 33 $1.12
 

Sellers (Offers)

Price($) Vol. No.
$1.15 10000 1
View Market Depth
Last trade - 11.00am 24/06/2024 (20 minute delay) ?
CTE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.