Looks sick but someone is just driving out the small holders in order to accumulate more at a cheap price. You just need to look at the reaction in the hotcopper forums to imagine how many other small-time traders out there would react to these 'shakedowns' and would sell on fear of losing more.
My guess is someone/group held most of the buyside, pulled all their orders, put on large sell orders and small-time traders have panicked and that's what's driving the price down. I'd suspect a bounce sometime soon and especially on a positive announcement. But it all depends on the exposure of the stock and how many people know about it or understand what it's worth.
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CXU
cauldron energy limited
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14.3%
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0.8¢

Looks sick but someone is just driving out the small holders in...
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Last
0.8¢ |
Change
0.001(14.3%) |
Mkt cap ! $14.32M |
Open | High | Low | Value | Volume |
0.7¢ | 0.8¢ | 0.7¢ | $18.44K | 2.568M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 14636542 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 2260095 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 14636542 | 0.007 |
16 | 12384351 | 0.006 |
11 | 8279310 | 0.005 |
6 | 5576250 | 0.004 |
5 | 8502331 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 2260095 | 7 |
0.009 | 807124 | 5 |
0.010 | 789811 | 4 |
0.011 | 778259 | 5 |
0.012 | 2889489 | 8 |
Last trade - 10.56am 30/06/2025 (20 minute delay) ? |
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CXU (ASX) Chart |
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PAR
PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
Paul Rennie
MD & Founder
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