No argument from me Jesi - but remember:
A few cents at 30c makes a hell of a lot more difference than a few cents at 60.
The companies cash flow and potential WHY has teh SP not stayed at levels above 50c?
You say "It only drops because insto's have to sell"
look at the top 20!!!! Who's got the cash, who can effect the SP? Not us 'long termers' !!
Do you see any instos' buying back into CVN? Do you see volume up to where the levels were when JP Morgan bought up? Nope, me either.
Think about it - logically and rationally; not pie in the sky dreams of overnight grandeur.
Oh, and trust me. If the SP rockets, I'll be back on-board to join you for the ride!
9876 you pick it well. up or down tomorrow, page-4
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $330.9M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.5¢ | 17.5¢ | $2.186M | 11.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 986142 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 1259013 | 3 |
View Market Depth
| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |