I think Unsinkable and others have every right to expose their grief as for some time now, CSS has been a primary case of listed wealth destruction, given that CSS was $2.00 or more less than 2 years ago and raised $54m mid - late last year at 25c.
Now it's already sitting at 50% of the placement price in a matter of months and even crashed to a 7.5c low last week/
No joy for many IMO, but it became obvious to me that it became oversold last Friday and it was time to push in.
Make no mistake, Friday pushed the knife into the flesh of long-suffering loyal shareholders even more deeply and until we know how they are gong to fund 10/11, it has substantial risk, hence the discounted current market cap vs their net asset position.
This one could turn on a dime though so volatillty may be apparent for some time.
GL.
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Last
19.5¢ |
Change
-0.025(11.4%) |
Mkt cap ! $39.25M |
Open | High | Low | Value | Volume |
19.5¢ | 19.5¢ | 19.5¢ | $6.831K | 35.03K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 2589 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 2208 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 2589 | 0.195 |
3 | 27468 | 0.190 |
1 | 5700 | 0.175 |
1 | 6250 | 0.160 |
5 | 18942 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 2208 | 1 |
0.205 | 23911 | 2 |
0.215 | 2000 | 1 |
0.220 | 120 | 1 |
0.230 | 30000 | 1 |
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