Based on Bell Potter's figures (ASX trades only):
38,202,999 shares traded at VWAP = $0.015261
That's a solid day for CNX in my book. Big reversal on the last 6-12 (even 18-24) months. Well over due.
Up 100% at one stage today. IMO a large number of stale holders now gone.
Very interesting development. I'm expecting the sp to open/move north of $0.015 on Monday.
While it was the trigger. I'm not quite sure if all the trading can be down to the announcement? The mk did have some notice that this was coming. So perhaps something else is up?
The open trades on 9/6 and 10/6 now look like 'leaky ship' to me.
With the oppies expiry and CEO exit coming up, I wonder what our cornerstone investor has planned? Anyone for some near term corporate action?
Also - my gut feeling is the Summa boggy man won't be visiting the courts down-under.
We needed this break sometime ago.
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- Solid Trading VWAP = $0.015261
Based on Bell Potter's figures (ASX trades only): 38,202,999...
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