There are heaps of 25c+ bag holders who have been tortured by the price action and are looking to get out. Can't really blame them. There were a few pumps and dumps w/o any real news in the past that took the price to 2c and then quickly crashed back to 1.4-1.6c. I assume this has created this traumatic response to get out at any chance. But personally I think the fundamentals of the stock has changed and the price action upwards will not be constitute a fake out any more. YMMV of course.
This is not a fast moving niche industry in terms of sales cycles and updates. It takes a lot of work and some luck to land another deal. Short term traders or even medium term investors should take caution. My horizon for it is ~2 to 3 years and at that horizon CXZ is much less risky. My entry price is around current level and I'd be soaking a bit more at 1.5-1.6c. So if you are looking to get out, please feel free to.
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Last
3.0¢ |
Change
0.002(7.14%) |
Mkt cap ! $26.30M |
Open | High | Low | Value | Volume |
2.8¢ | 3.0¢ | 2.8¢ | $30.68K | 1.024M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 299774 | 2.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 255616 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 299774 | 0.029 |
4 | 1712287 | 0.028 |
13 | 4191314 | 0.027 |
5 | 3251538 | 0.026 |
2 | 280000 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 255616 | 1 |
0.031 | 96088 | 1 |
0.032 | 231430 | 1 |
0.033 | 71214 | 2 |
0.034 | 29440 | 1 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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CXZ (ASX) Chart |