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$1.80 cobram estate olives limited

who’s this new entrant you speak of?

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mahonya

376 Posts.

11

04/05/22

19:24

Post #: 61208922
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Originally posted by diddycat: ↑

Oh Till you pumper

With 20,000 shares traded today its not that hard for a market maker to create a price and appearance of the pump is on only to dump on them

Try selling 100,000 shares in one lot and watch the depth evaporate

At the rate the shares turn over it would be about 15 years to sell them all once. Lets not forget that around 90% of daily sales are Algo to Algo so not really a sale .

Dont forget 3 of the big banks go ex -dividend in the next few weeks and there is always pumping of other stocks by the market makers and they have a lot of options that may need to be payed out on so they cover their bets elsewhere knowing they can dump on those who thought the charts indicated a buy

CBO is a hostage to a new entrant who has free water and a far lower cost base

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who’s this new entrant you speak of?

CBO Price at posting: $1.72 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $1.80		Change 0.000(0.00%)		Mkt cap ! $751.3M

Open	High	Low	Value	Volume
$1.81	$1.81	$1.80	$30.27K	16.80K

Buyers (Bids)

No.	Vol.	Price($)
2	20141	$1.80

Sellers (Offers)

Price($)	Vol.	No.
$1.81	18488	2

View Market Depth

No.	Vol.	Price($)
2	20141	1.800
1	5000	1.780
1	5000	1.760
2	45000	1.750
1	5000	1.740

Price($)	Vol.	No.
1.810	18488	2
1.850	2027	1
1.870	3100	1
1.895	7682	1
1.900	13710	3

Last trade - 16.10pm 03/05/2024 (20 minute delay)


Last $1.81			Change 0.000 ( 0.28 %)
Open	High		Low	Volume
$1.80	$1.81		$1.80	2906
Last updated 15.25pm 03/05/2024 ?

CBO (ASX) Chart