That was the highest volume day in more than 52 weeks
Very similar setup to CTM back in late 2017. They did a $2.5M placement with CPS in August, the stock churned around placement levels for a couple of months as stag profit takers were soaked etc. Then a couple of record volume days were followed by a doubling in the price
CPS completed the placement here in August. We saw a 30M volume day, followed by a larger 49M volume day. So it has put in 2 record volume days since the placement
The next high volume day should smash that 49M figure and likely be 100M+. I''d say this will be tied to next round of newsflow
That was the highest volume day in more than 52 weeks [ATTACH]...
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Last
16.5¢ |
Change
0.010(6.45%) |
Mkt cap ! $173.4M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.8¢ | 15.5¢ | $942.3K | 5.824M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 317548 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 1378930 | 6 |
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| ALA (ASX) Chart |