Ktrianta,
I think you might be right. I seem to have underestimated the strength of the persistent negative sentiment here. I think we got rid of our big seller(s), but maybe now we've got to slowly get rid of a lot of stale traders who bought much of the script, and will exit while still a little ahead or at least within there stop/guarantee losses.
Might take a couple of months to really get any serious upward traction?
Well I suspect filling the gap today or on the next day of downward poo might be enough to satisfy hesitant buyers. Quite oversold imho.
EL
gap, page-9
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Last
16.0¢ |
Change
-0.010(5.88%) |
Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 15.8¢ | $190.8K | 1.184M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 270750 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 38484 | 1 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| CVN (ASX) Chart |