CMP compumedics limited

I don't believe the trading volume gives a clear signal if...

  1. 370 Posts.
    lightbulb Created with Sketch. 72
    I don't believe the trading volume gives a clear signal if someone is buying. Based on the sudden urge in demand for shares at a certain price, to me it is more of a index or fund re-balance.
    Remember that CMP is removed from All Ordinaries, Effective at the Open on March 19, 2018.

    I don't think a value investor would suddenly jump in the market and place strong bid at the market ask, unless there is a new information. Normally, it's just computer trading, either following momentum trading pattern etc or re-balancing for index funds.

    Waiting to see the delivery of first MEG
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
29.0¢
Change
0.005(1.75%)
Mkt cap ! $55.74M
Open High Low Value Volume
29.0¢ 29.0¢ 29.0¢ $2.465K 8.5K

Buyers (Bids)

No. Vol. Price($)
1 26600 29.0¢
 

Sellers (Offers)

Price($) Vol. No.
29.5¢ 20999 1
View Market Depth
Last trade - 11.51am 22/07/2025 (20 minute delay) ?
CMP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.