Member Info for VirtuallyRich

That 10M x 0.2111 sale at 2.48pm was the lowest of the day, could that have been the end of the options????

Bit of both to be honest.

Just looking like a 3 ways up from a 5 ways down.....I feel we are going to get an substantial order announced soon and the board have stretched the results date to 4 months after year end from 3 months for the last 2 years and just makes me wonder why....Maybe I'm just being a little suspicious.

Hey Sushi....

I bought the dip (4M) but too bl**dy early by the looks of things, however I have it bouncing to 0.50p then down to 0.40p and then up again to 0.65p by results time 25th Oct....Keep the faith.

I think he's talking about the coming annual rebate this November.....

According to London Stock Exchange there was a delayed 10M sell at 8.15am and a real time purchase of 10M at 8.18am so could have been some type of Bed and Isa.....Hence no real affect on the market.

We have broken through a support level at 0.26p with a high today of 0.287p and now have to come down to test it before we can go up again.

The next level is now 0.30p but this current support has to hold or we will fall back to yesterdays price.

Charts are like ladders, you test each step will take your weight before going to the next. If it fails then you fall back to the previous, if it holds you go to the next.....GLA.

10M buy just gone through at 0.28

Dream on.....

Nice purchase just gone through.....0.244 4918032

I too picked up 3M under 0.25 and even some under 0.24 this morning.

Near the bottom now.......

Well it could well happen anytime as the 5 ways down pattern has now passed 0.26p to 0.25p therefore confirming.

I shall be buying on Monday as I see a reversal on the cards (or should I say charts) from now on.

On 30/6/23 CPX price was 1.425p and share capital volume was 716,014,958

On 08/24 CPX price is 0.275p and share capital volume is 2,993,226,437

That is a volume increase of 418% which if all things stayed equal would today give us a share price of 0.34p hence which explains the reluctance to break through that level during the last few weeks.

But today we are trading at 0.275p a discount of 20% and we are being held around here for some one to accumulate.

We haven't seen a trading update since financial year end and I feel that is significant and the bottom line figure will feature heavily once again but it could be that the board are playing for time and may want to offset any disappointments with another announcement regarding Schurter, which would be welcome.

We clearly are undervalued relative to June last year with a current market cap around 8M, more reflective of the current situation would be 12M but with a good sales report then I see double that at 24m or 0.80p…………………GLA.

If it's a 5 ways down then we would have to dip below 0.26 to confirm before the rise but that could happen on Tuesday.

Silures...

I see exactly the same but the recovery could be as soon as Tues/Wed.

GLA.

Definitely being suppressed to allow someone to accumulate...

For thingies sake when are people going to learn.

CPX has risen from 0.08p to over 0.48p (a 6 fold increase) and now dropped back to a consolidation range.

I said 2 weeks ago that it has to clear 0.33p (technically 0.326p) resistance level before going higher and is struggling a little to do so. It will happen of course and a consolidation period is a good sign and will form a base from which to leap forward on good news, just be patient.

Shares and Stairs are not only similar in name but when at the top they go down and when at the bottom they go up.

We are near the bottom rung again waiting to go up but may yet take one more step back before doing so....Patience.

There are 5 MM's supporting the 0.26p level....For it to drop past that would take a lot of selling pressure which I do not think is there.

Looks to me as though a few more Non-Exec's could be exercising their options.......

They can't buy 29% because it's comes under Australian take over rules.

I believe 19% in a 6 month period and then have to layer in at 1% month.

I think we may have a little battle going on here.

There is definitely a big seller, possibly the Back Stop Banker who guaranteed to pick up any overspill from the placing after the non payment fiasco.

I also think that there are 2 buyers, the Swiss and possibly Cooley. His investment grew by at least £100,000 with yesterdays price increase and he could be leveraging that to stay ahead of the Swiss....Who knows.

But who ever they all are, they certainly want it to remain at 0.37p for a couple of days to sort it out.

They only do that when the price is about to change......