sk8's
No einstien factor required really, I had it relatively pegged against the gold index until about October '06 when the funny stuff occured leading up til production (Only my opinion), and again up until ASX300 listing. Insto play or possilby sharky trader(s), hard to tell, I just know the stocks being held back and played. I could give plenty of examples, even today's open, a buyer listed 100k @ 39c, indicating some depth to sellers, only to be pulled moments before open so no shock to see 38.5's again today when gold is near on $700US and looking strongly like its nearly ready to break north. Furstrating stuff! - didn't even see the rest of the day what with LHG volitility hitting the roof who had time or could be bothered(?) and things are becoming so blatant.
As I said, A lot of stocks, both good and bad, get played with in this fashion all the time, which is good if you're lucky enough to be taggin' along and making money. Guess I'm blowing up because at this stage I'm not this time (because of the narrow margins) I've almost given up trading CTO - almost. Despite the large number of shares on issue, CTO has relatively few share holders - about 8000 or so, and you wouldn't need a hell of a lot of cash and holdings to manipulate if you were lucky enough during this period of low volumes, but fair suck of the sav - I just hope they get thier fingers burnt when this thing decides to move. At this stage I guess I've played my part too - patiently waiting and accumlating when they are cheap before the player does.
As usual - DYOR
Cheers
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $12M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $8K | 2M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 51426 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 8517864 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 51426 | 0.004 |
19 | 15737355 | 0.003 |
7 | 9895025 | 0.002 |
11 | 14702988 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 8517864 | 14 |
0.006 | 2946758 | 5 |
0.007 | 2263000 | 4 |
0.008 | 4843671 | 8 |
0.009 | 2370800 | 4 |
Last trade - 14.03pm 23/08/2024 (20 minute delay) ? |
CTO (ASX) Chart |
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