From a charting perspective today's close has the company on a knifes edge - double bottom is forming at 0.315 cents (not quite there yet though). We need a sustained bounce off this point which if it happens will be a bullish sign. Unfortunately not a lot of potential news on the horizon. Good scenario for the shorters however as the support below is looking thin. Maybe Ftroops prediction regarding STO comes to fruition - though I think Buffalo looks like the only catalyst that can deliver a sustained upwards share price trajectory. Time for the CVN wheelers and dealers to get Buffalo back on the road. Just my thoughts atm.
To Hold or Fold, page-139
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Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.5¢ | $326.4K | 2.069M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1324611 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 906839 | 4 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |