CTT 0.88% $2.30 cettire limited

News: CTT Cettire Says Q3 Sales Revenue Of A$191.0 Million, page-37

  1. 54 Posts.
    lightbulb Created with Sketch. 39
    What date was your holdings reference taken Sonu?

    I have a live update trading account and the numbers paint the picture with substantial reductions from Cat Rock (down 11%), Vanguard (down 5.7%) and Dimensional Fund (down 14%) with total sales of 4,832,412 shares. Quite substantial considering it only takes 320,000 shares to be in the top 25% of holders. and >3,000,000 to be in the top 6 holders.

    I did expect another article form AFR to come out and the reaction has presented a mighty fine buying opportunity. Was thinking it'd settle now that we are 43% from the recent all time high just 52 days ago! Some great opportunities for a swing trade as we are still in a upward trend channel on the technical, with fundamentals also having generally good sentiment outcomes. Clearly some big sell-offs driving the price down from the institutions, but it's definitely in oversold territory for the short-term. There is only so far down it'll go in one rally and 43% over this timeframe is a pretty steep drop without some intermediate rally to balance it out.

    KGN had some fairly bullish buying volume today after having a similarly strong downward trend over the last couple of months so there are a few indications the downward retail spiral is slowing.

    Here is the stakeholders as of COB 22 April 2024:

    https://hotcopper.com.au/data/attachments/6118/6118231-54b6bbab9a5b355696e697d14d40fd58.jpg
 
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Last
$2.30
Change
0.020(0.88%)
Mkt cap ! $876.8M
Open High Low Value Volume
$2.31 $2.34 $2.28 $2.073M 903.9K

Buyers (Bids)

No. Vol. Price($)
1 60454 $2.29
 

Sellers (Offers)

Price($) Vol. No.
$2.31 17790 1
View Market Depth
Last trade - 16.10pm 13/06/2024 (20 minute delay) ?
Last
$2.30
  Change
0.020 ( 0.82 %)
Open High Low Volume
$2.31 $2.34 $2.28 219905
Last updated 15.59pm 13/06/2024 ?
CTT (ASX) Chart
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