The selling by institutions has been anything but astute leaving large sell orders visible and dumping into any volume . Much easier when selling with funds without any emotional attachment , taking with them stop losses , etc .
Interesting to note earlier in the year institutions sold this down to 2.1 cents and a month later it traded at 3.4 cents . A few months ago institutions again sold this down to 2.4 cents with large dumps and just a few days later the stock price was trading at 2.9 cents , 3 months ago the stock price was trading around 4 cents . It just goes to show they do make many errors in regards to judgement and timing . Institutions are doing all the damage here regarding the stock price and it should recover when the selling comes to a halt as it has in the past .
The selling by institutions has been anything but astute leaving...
Add CAI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.5¢ |
Change
-0.010(7.41%) |
Mkt cap ! $95.16M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 12.5¢ | $145.5K | 1.121M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 550752 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 277416 | 4 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
12.8¢ |
Change
-0.010 ( 3.77 %) |
||||
| Open | High | Low | Volume | ||
| 13.0¢ | 13.0¢ | 12.5¢ | 960726 | ||
| Last updated 15.18pm 03/05/2024 ? | |||||
| CAI (ASX) Chart |