I have been building a position on the way down. I will continue to buy around $1 and below. The thing is that the share register is actually quite tight and if there is a strong positive catalyst it will lift quickly. The short positions are created with existing outstanding shares so the only additional liquidity is their borrowings. The upside risk is growing significantly.
CXL Calix Chart Thread, page-504
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Last
$1.37 |
Change
0.073(5.60%) |
Mkt cap ! $247.6M | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.39 | $1.25 | $811.6K | 603.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3598 | $1.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 6080 | 10 |
View Market Depth
| Last trade - 15.32pm 20/06/2024 (20 minute delay) ? |
| CXL (ASX) Chart |