CMP 0.00% 33.5¢ compumedics limited

Recently there was some investor/fund management interest where...

  1. 1,036 Posts.
    lightbulb Created with Sketch. 93
    Recently there was some investor/fund management interest where the volume elevated above a million each day for a couple of weeks then stopped abruptly after who ever was accumulating had their fill. Then the volume of course basically returned to less than 100k and the price steadily dropped back to mid 60-70c.
    This is normal for this stock especially as there aren’t that many shares around to trade as most holders are keen to hold and the Executive Chairman holds over 50%
    I have heard the EC, David Burton when satisfied that his baby has become a man will only then sell down under 50% ??? and, apparently that holds many things back from institutional investor interest. We have all been wishing & hoping CMP will soon grow up, all it needs is a catalyst regards one or two sales deals on MEG or Somfit in main. As previously highlighted on this thread things do look very close and I definitely would be loading up on weakness if I had the $
 
watchlist Created with Sketch. Add CMP (ASX) to my watchlist
(20min delay)
Last
33.5¢
Change
0.000(0.00%)
Mkt cap ! $59.35M
Open High Low Value Volume
33.5¢ 33.5¢ 33.5¢ $838 2.5K

Buyers (Bids)

No. Vol. Price($)
2 2562 33.5¢
 

Sellers (Offers)

Price($) Vol. No.
34.0¢ 2900 1
View Market Depth
Last trade - 15.05pm 28/06/2024 (20 minute delay) ?
CMP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.