Chart definitely looks overbought but the chart can't always be accurate during a re-rate (if that is what is going to keep happening here).
You also don't think that oppy converters haven't taken their chances to offload some on the way up. Since beginning of February we have risen 140% with some large volume days in there.
At 60c, they only need to sell a third to cover the cost of conversion (not taking into account tax etc)... I have watched the trading regularly and there has been many opportunities for them to do it and many times that selling has been followed by the 2A.
As a holder I am not concerned about the "dilution" from conversion or the subsequent selling if necessary - we've seen churn to get here and any more fundamental backing can take this even further. Fact of the matter is the company is undervalued, especially in comparison to peers. OTC listing, greenhouse, china deal, anything from the US - all fundamentals that are very positive for the company if/when they come.
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- Video: The ClearVue Story – A leading technology company - Victor Rosenberg talks with The Market Herald
Video: The ClearVue Story – A leading technology company - Victor Rosenberg talks with The Market Herald, page-156
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Last
42.0¢ |
Change
-0.005(1.18%) |
Mkt cap ! $102.1M |
Open | High | Low | Value | Volume |
42.5¢ | 43.0¢ | 42.0¢ | $55.28K | 129.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1 | 42.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
43.0¢ | 29993 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1 | 0.420 |
2 | 29360 | 0.410 |
1 | 5000 | 0.405 |
7 | 75020 | 0.400 |
1 | 25000 | 0.395 |
Price($) | Vol. | No. |
---|---|---|
0.430 | 29993 | 1 |
0.440 | 86000 | 1 |
0.450 | 64890 | 4 |
0.455 | 6578 | 1 |
0.465 | 1500 | 1 |
Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
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CPV (ASX) Chart |