The only CLI short position registered with ASIC was for 79,618 shares on the 4th Sept 2019. This, IMO , is an insignificant amount.
The ASIC register is now up to the 21st of October 2018; past the crucial "Fake News" days of the 17th & 18th Oct. This short has
not yet been covered:
https://asic.gov.au/regulatory-resources/markets/short-selling/short-position-reports-table/
IMO, if there were serious concerns about CLI's offtake or its crop generally, the big guys would have shorted the ring out of CLI by now.
There has been no selling by major share holders or Board/Management.
So , IMO, we have a mob of small time day traders plying their craft for a few pips profit causing short term volitility and the confirmation of
lollies in the bank from the offtake supply agreement should reduce retail shareholder anxt, IMO.
IMO:
-First money in the bank from offtake:................6c (current 5.2c)
-trimmed flower revenue confirmed....................8c
-remainder of offtake revenue in bank................10c
-sale of half the remaining Biomass....................13c
-sail of remainder of biomass..............................16c
-2020 plans announced.......................................20c (Mkt Cap: $83 mil & $30 mil in the bank post paying off loan etc)
All IMO only & investors should do their own dd and consult a licensed financial advisor before making any investment decision.
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Last
3.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.923M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3009 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 9751 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3009 | 0.034 |
1 | 250000 | 0.020 |
1 | 250000 | 0.019 |
1 | 2000000 | 0.015 |
1 | 66888 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 9751 | 1 |
0.047 | 8069 | 1 |
0.050 | 15000 | 1 |
0.089 | 100000 | 1 |
0.090 | 29362 | 1 |
Last trade - 16.12pm 15/11/2024 (20 minute delay) ? |
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