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There wasn't any suspicious activity before the 3 previous...

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Mr-Chow

867 Posts.

97

25/06/21

15:48

Post #: 54076536
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Originally posted by ValueSnatcher: ↑

Hmmm normally I'd agree with you... buuuuut, lets not forget that the board exists for the benefit of shareholders.

Given they have openly stated how dynamic the market opportunity has been (ie wild fluctuation in demand), I think it prudent to open the communication lines perhaps a little bit more. They were certainly more frequent when the variations were consistently to the upside.

I'm just cautious of the tight relations that the major (pre ipo) holders have with management/board and that they may be far more informed than the rest of the market (pure speculation on my part). I also note most of these top 20 holders are in escrow arrangements fwiw.

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There wasn't any suspicious activity before the 3 previous material announcements and management don't seem to pander, so I am more going on what a 'no announcement so far' scenario rules in or rules out.

CSX Price at posting: $1.65 Sentiment: Hold Disclosure: Not Held
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(20min delay)
Last 30.0¢		Change 0.000(0.00%)		Mkt cap ! $23.20M

Open	High	Low	Value	Volume
30.0¢	30.0¢	30.0¢	$1.2K	4K

Buyers (Bids)

No.	Vol.	Price($)
2	14454	30.0¢

Sellers (Offers)

Price($)	Vol.	No.
32.0¢	6305	1

View Market Depth

No.	Vol.	Price($)
2	14454	0.300
1	241	0.290
1	122	0.260
1	3921	0.255
1	2000	0.250

Price($)	Vol.	No.
0.320	6305	1
0.340	12200	1
0.345	3535	2
0.350	10000	1
0.355	400	1

Last trade - 14.37pm 14/05/2024 (20 minute delay)

CSX (ASX) Chart