Chart looks ok for it on a potential double bottom. CWX is one of the best sub $10mill explorers going around and given what's transpiring in the Patterson region, it's silly cheap.
There are definitely smarter ways to go about selling a large position in these kind of illiquid stocks. I'm sure a simple call to the company to see if they can arrange a block done to a broker would be suffice. The broker gets a tidy position in what is normally a tight stock and the holder gets their 20-25% they sacrifice in dumping.
Some just treat money like confetti.
CWX, page-32
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 (20min delay)
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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 - 16.12pm 26/11/2024 (20 minute delay) ? |
| CWX (ASX) Chart |
Day chart unavailable
