The Key to CDM massive down side the past few months is that the whole story or at least 98% of it is a policy is momentum trade with one or two only outstanding trades. Eq International Pharm Company Teva, picked the bottom, and then it retraced Cdm opted out and then went out again very nicely. A value trade would have keep it and did nicely with the up swing.
Maybe the momentum trades are no longer suitable in the post QE era.
Ann: Half Year Webcast December 2018, page-4
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Last
69.0¢ |
Change
-0.010(1.43%) |
Mkt cap ! $215.9M | |||
| Open | High | Low | Value | Volume |
| 69.0¢ | 70.0¢ | 69.0¢ | $199.3K | 287.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 182259 | 69.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 70.0¢ | 26824 | 2 |
View Market Depth
| Last trade - 16.10pm 03/12/2024 (20 minute delay) ? |
| CDM (ASX) Chart |
