If you were insto what would you do on Thursday?
I can think of 2 options:
1. Push the price down past 9c to scare investors to offload for them to accumulate at a lower price and then ramp the price to offload. If you have weak hands and sell at lower, theres a good chance you might buy at a higher price once you realised what youve done.
2. Quickly get the price into the 20-30 or 40c to slowly offload.
If there are really 3 institutions it would be very interesting to see the amount of volume and price action as they could be potentially competing against each other.
Do we know who they are - did he mention it in the presentation today?
My only advice is for long term investors to hold on and if you believe this is a company worth much more in the medium to long run, then ignore all the noise thats going to happen in the coming week. Stick to your game plan.
The more you look at the market, the more likely you will do something that you might regret.
- Forums
- ASX - By Stock
- Ann: $18 MILLION PLACEMENT
If you were insto what would you do on Thursday?I can think of 2...
- There are more pages in this discussion • 136 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CRO (ASX) to my watchlist
|
|||||
Last
8.2¢ |
Change
0.006(7.89%) |
Mkt cap ! $166.4M |
Open | High | Low | Value | Volume |
7.4¢ | 8.4¢ | 7.2¢ | $3.574M | 46.30M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1790733 | 8.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.3¢ | 120000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1760246 | 0.082 |
5 | 2165931 | 0.081 |
6 | 459451 | 0.080 |
5 | 412208 | 0.079 |
4 | 146706 | 0.078 |
Price($) | Vol. | No. |
---|---|---|
0.083 | 120000 | 2 |
0.084 | 350700 | 3 |
0.085 | 672974 | 5 |
0.086 | 1595589 | 3 |
0.087 | 1030000 | 4 |
Last trade - 16.10pm 05/03/2021 (20 minute delay) ? |
|
|||||
Last
8.3¢ |
  |
Change
0.006 ( 10.4 %) |
|||
Open | High | Low | Volume | ||
7.2¢ | 8.4¢ | 7.2¢ | 26119166 | ||
Last updated 15.59pm 05/03/2021 (live) ? |
CRO (ASX) Chart |