Yes that is the normal process, but if the traders/hedge funds can’t get their hands on enough shares then things get interesting.
I wouldn’t be surprised if this is the top for CU6 for the next couple of months, but if what I have been told is true (that CU6 is sitting at the top of the queue to be included in the ASX200) then we might go for another big run soon.
Adding to all this is CU6 is a dangerous stock to short as Alan doesn’t need to raise anytime soon and there is the very real risk of a deal landing at any time. Shorting CU6 is not the ‘shooting fish in a barrel’ that IMU and LKE was for the hedge funds.
Yes that is the normal process, but if the traders/hedge funds...
-
- There are more pages in this discussion • 189 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CU6 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.78 |
Change
0.270(4.15%) |
Mkt cap ! $2.169B | |||
| Open | High | Low | Value | Volume |
| $6.63 | $6.88 | $6.60 | $11.91M | 1.752M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1600 | $6.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.80 | 2400 | 2 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| CU6 (ASX) Chart |