CMO cosmo metals limited

change in substantial holder up 2 68% from 55%. Good increase as...

  1. 928 Posts.
    change in substantial holder up 2 68% from 55%. Good increase as it had seemed to hav stalled a bit. Prob why we hav seen some action of late to try to entice SNN holders. Once it hit 3.6 seemed to be sold down so 2 me it looks like it is being capped, which isnt the first time it has happened, but I could be wrong. Hav a look at PEN and its 1:10, and sp action 2day on the last record day for the entitlement. Although PEN may fall tomm, it would be a good time for an ann. If the price was to take off 2 quickly in cmo now, I think u would get profit taking from the 2 cent ent and the price would drop quickly after the issue. I think momentum closer to issue is needed to entice SNN to stay holders in CMO. Just a theory, could be wrong and the sp could breakout tomm, but the charts hav looked good on a number of occasions but it just doesnt seem 2 breakout. It also seems to follow SNN trading patterns as well. It is still a good stock to hold atm because news still 2 come, the ent issue, and the sp shouldnt drop 2 much atm 2 entice SNN holders 2 CMO.
 
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(20min delay)
Last
1.9¢
Change
0.000(0.00%)
Mkt cap ! $6.120M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 131578 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 150000 1
View Market Depth
Last trade - 07.10am 30/07/2025 (20 minute delay) ?
CMO (ASX) Chart
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