I have noticed a familiar pattern on the daily price action for CGF.
A bulk of the volume is traded after the market is closed from 4 to 5 pm. The green circle highlights 1.1 M from today's 3.0 M was traded.
A closer look at today's trade shows a big parcel went through at 5.00pm under the code LTXT.
Recently this seems to be a common occurrence. Big trades at the end of the day, after the market is closed, under the code of LTXT.
Does anyone on this site know what this means or can enlighten me into what is going on?
From my where i am standing, it seems to me, the price of CGF shares are being deliberately pushed lower.
Do others concur or see things differently? Welcome comments.
Why has the share dropped., page-34
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 (20min delay)
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Last
$6.73 |
Change
0.100(1.51%) |
Mkt cap ! $4.651B | |||
| Open | High | Low | Value | Volume |
| $6.69 | $6.83 | $6.64 | $5.426M | 803.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4064 | $6.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.78 | 100 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| CGF (ASX) Chart |