The "deafening silence" is a well settled reality with CXX unfortunately.
When such a very high percentage of the shares are being held and/or controlled by insiders (& their related entities), there really is no need to ensure a flow of information to "the minor few".
When "statutorily required" information is necessary to be released, it is mainly done so on the last required day and, generally, it is simply re-hashed from previous announcements. When only 1 shareholder (who is not an insider) turns up at the AGM - why would they be worried?
When you have holders who are seemingly happily to keep "feeding the ducks", it is always going to cause SP suppression.
I read ages ago that "we wouldn't see .26c again...". The funny thing is, that was when the SP was sitting at .28c ....not .23c!
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1.7¢ |
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Mkt cap ! $9.009M |
Open | High | Low | Value | Volume |
1.7¢ | 1.7¢ | 1.7¢ | $27.44K | 1.614M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 585000 | 1.6¢ |
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Price($) | Vol. | No. |
---|---|---|
1.7¢ | 118000 | 2 |
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No. | Vol. | Price($) |
---|---|---|
3 | 585000 | 0.016 |
4 | 814025 | 0.015 |
2 | 223400 | 0.012 |
1 | 91816 | 0.011 |
3 | 300000 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 118000 | 2 |
0.018 | 1000000 | 1 |
0.019 | 350000 | 2 |
0.020 | 1012754 | 3 |
0.021 | 1571232 | 4 |
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