For those of you who are shareholders and have a shorter investment horizon, now may be the time to reduce your holdings. Principal investors in CUP will have another 1/3 of their holdings come out of escrow on 22/12/12 (from memory). With this comes the potential for a number of these shareholders to take advantage of the current shareprice and sell down their holdings, especially considering there is low levels of liquidity in the stock. This could make the company a prime target to take a short position, but I have not been able to find a broker that can short CUP.
Don't take this as advice, this is just simply some assumptions I have made based on the information I have found and thought it may be of interest to some shareholders.
- Forums
- ASX - By Stock
- CUP
- price set for fall
price set for fall
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CUP (ASX) to my watchlist
|
|||||
Last
52.3¢ |
Change
-0.003(0.48%) |
Mkt cap ! $88.19M |
Open | High | Low | Value | Volume |
51.5¢ | 52.5¢ | 51.0¢ | $47.92K | 92.92K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100 | 52.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
52.5¢ | 11395 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100 | 0.520 |
2 | 114299 | 0.515 |
6 | 43828 | 0.505 |
4 | 90000 | 0.500 |
1 | 6122 | 0.490 |
Price($) | Vol. | No. |
---|---|---|
0.525 | 11395 | 1 |
0.530 | 145372 | 2 |
0.540 | 28597 | 1 |
0.550 | 24330 | 3 |
0.555 | 19000 | 1 |
Last trade - 15.45pm 20/06/2024 (20 minute delay) ? |
Featured News
CUP (ASX) Chart |
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Chairman
Nick Poll
Executive Chairman
Previous Video
Next Video
SPONSORED BY The Market Online