I’ve seen this pattern before around September /October with the large number of X trades.
Holders aren’t giving up their shares so the funds have to manufacture X trades by selling to each other to give the appearance of a sliding share price.
We all know what happened in November
CXO - Chart Thread, page-6019
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 (20min delay)
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $225.0M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.8¢ | 10.0¢ | $530.2K | 5.073M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 214 | 14378761 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 854495 | 13 |
View Market Depth
| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| CXO (ASX) Chart |