Maybe I don't understand but ... if SS buy CXO it must mean they believe CXO shares go up. The fee they get for lending the shares is just pocket money. Why would they buy CXO if they thought the SP will go down?
Therefore the signal is that if SS buy it must be for us to buy too.
That means that those who sell (apart for personal needs or because they are day traders) must not read HC - because I doubt that anybody here holding CXO would believe the opinions from those morons (or paid mouthpieces) here who do not hold CXO but have strong opinions about it being overvalued.
So the thing to do is to educate the retail holders to read HC.
THE ASX IS BROKEN, page-275
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $225.0M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.3¢ | 10.5¢ | $536.3K | 4.933M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 96 | 4283334 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 1066000 | 5 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| CXO (ASX) Chart |