CVC is a buyer as well as a seller.In my opinion CVC played a role in CWX share price's volatility.
They reported that they purchased 958490 shares on market for $253,399.38 while also sold on market 665000 shares for $195,880.01. Approximately their average purchase price is 0.264 while the average sale price is 0.295. We could track the price history during this report period. I'd say CVC sold the shares on peak and buy back when on low.
I personally don't like such trading pattern just for a few pips. Of course maybe they are playing some games to collect more cheap shares. Let's see what will happen next time.
Ann: Change in substantial holding from CVC, page-4
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Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.72M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 120428 | 9.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 130556 | 2 |
View Market Depth
| Last trade - 07.00am 27/11/2024 (20 minute delay) ? |
| CWX (ASX) Chart |
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