CDX 10.0% 13.5¢ cardiex limited

The 3c placement was to board and two funds with none offered to...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 6,128 Posts.
    lightbulb Created with Sketch. 137
    The 3c placement was to board and two funds with none offered to flippers in retail.
    In the 2c placement, $1.6m was taken by the board out of $2.4m whereby shareholders could participate with a free attached option.
    I've been in this since 2012 and know quite a few of the past board and senior management including a long standing relationship with Taylor Collison's clients are large long standing holders. So many of them have skin in the company.
    In my 20 years in the market I rate the 3c placement as the best I've seen purely because it was taken by long term holders who are in for the long haul whereby if it was scattered amongst retailers it would be flipped into the market.
    So far after the 2c raising the sp went to 0.047 and back to 0.03(from March last year to the 3c placement), give or take, and now back up to today's highs after the 3c placement. And the weekly chart hasn't even seen a quarter of a trend out of an oversold downtrend.
    Cheers
 
watchlist Created with Sketch. Add CDX (ASX) to my watchlist
(20min delay)
Last
13.5¢
Change
-0.015(10.0%)
Mkt cap ! $17.65M
Open High Low Value Volume
15.5¢ 17.5¢ 13.5¢ $209.1K 1.362M

Buyers (Bids)

No. Vol. Price($)
1 23000 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 30600 2
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
CDX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.