As if on cue, he returns.
The last hours price actions really trying to sell the same narrative that the run up is over, I estimate shorts probably used around 1-2m shares to make sure it closed red.
With the raging lithium spot prices, one can only assume that the shorts are doing this for an ulterior motive, because otherwise to me it doesn’t add up.
I wouldn’t be the first one to suspect an imminent TO offer.
Frustrate share holders by holding down the price and then lob an offer at a premium, but still a lowball.
CXO - Chart Thread, page-6663
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 (20min delay)
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $246.4M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.3¢ | 11.5¢ | $1.271M | 10.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 68 | 6581582 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 1291003 | 15 |
View Market Depth
| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| CXO (ASX) Chart |