Trading in CAQ in the last week or so has been unusual to say the least. There was a trade of a parcel of 1,925,000 shares obviously there has to be a buyer and a seller. The thing of most interest to know about this transaction is who was selling and why or just maybe we have someone selling and buying to themselves.
Also on the sell side of things there are 2 parcels of one million shares one at 18cents and another at 19cents. It just doesn't make sense. Could there be an attempt to spook the market into thinking that things are not going well and causing weakness in the price by placing these sell orders whilst they are happily increasing there holding by picking up shares at bargain basement prices.
In the announcement last Friday whilst it wasn't what most of the long suffering share holders have been hoping for there wasn't any bad news and the theme was certainly upbeat and positive. Things in Malaysia are just taking longer than the company had expected. News out of South Africa is still encouraging the processing and value adding from a facility in Singapore is yet another new development, there has been increased interest from other parties from around the world and there is $3,000,000 in the bank with no debt.
All in all things look to be on track which makes the trading pattern a little had to follow which leaves one to ponder just what is going on maybe just maybe someone is trying to pick up some cheap shares before things start to happen in a big way.
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.742M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 197 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.1¢ | 45000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.035 | 163750 | 1 |
0.037 | 2500 | 1 |
0.038 | 50411 | 2 |
0.080 | 2223 | 1 |
0.145 | 300000 | 1 |
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