CDY 0.00% 20.0¢ cellmid limited

Little help

  1. 151 Posts.
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    Hi all.

    I'm fairly green when it comes to trading but genuinely believe I've found a little gem with CDY.

    What I'm struggling with at the moment is from my trading platform I can see there are 36 buyers looking for 31,310,717 shares. On the sell side we've got 46 selling but only looking to off load 10,853,004 shares.

    To me it looks like the buy side is stacked 3:1. So why is the price still sliding backward with such a strong demand? Should I be looking more at the number of buyer vs sellers?

    Might be an obvious answer - but hopefully more than just "shorters at work".

    Thanks for all valuable insights previously.
 
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3 53795 20.0¢
 

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21.5¢ 25000 1
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