CMR 0.00% 15.0¢ compass resources limited

price break out, page-16

  1. 356 Posts.
    Seems a lot of people get concerned when a seller or two appears and offloads thereby depressing the price.
    This is only half the story. The reason the price falls is the lack of buyers strength (at least as shown on the market depth- which as we all know may not be the true situation)
    However the fact remains if there are buyers keen enough the price gets supported. With such illiquidity as this share it doesn't help in weakness. (However it sure does in demand though.)
    Therefore cant help thinking a share split could be very helpful at this point in time. I wish I had raised this question at the EGM. Westmoon
 
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