So we have some oil so congratulation to everyone. Just need to get some out now.
However looking at the charts since spud we have lost 30% in share prize (funny as oil price has dropped 30% in that time too). The question now is will shareholders be selling out on any strength in the price, knowing that there is 49million shares appearing on the market in a few days along with the suppressed oil market we have?
The next coming months should be one in a life time opportunity to pick up some great long term shares in my honest view. I just don't think the news will be enough to ignite the market so no need to top up at this moment in time.
Views from the long term holders welcomed.
Buy the rumour, Sell the fact?
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $330.6M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 18.5¢ | $348.3K | 1.878M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 1443235 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 959786 | 8 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
18.8¢ |
Change
-0.005 ( 0.27 %) |
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| Open | High | Low | Volume | ||
| 18.8¢ | 19.0¢ | 18.5¢ | 607579 | ||
| Last updated 15.59pm 26/04/2024 ? | |||||
| CVN (ASX) Chart |