CUO copperco limited

large seller was a bluff

  1. human909
    416 Posts.
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    25/06/08
    11:35
    Post #: 3905665
    The large ASK of 600,000 shares at 60c seems to have been a bluff strategy. The seller has withdrawn the position.

    Possibly it was aimed at trying to push down the price. In fact I'm surprise the price held up resiliantly in the face of such a roof.

    Either was the ASK has dissapeared and the price has rebounded.
    CUO Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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