This has the feel of a stock that is just too cheap. Once this week is out of the way with last of EOFY tax affected selling, the next 12 months look pretty good.
The below chart looks really promising to me. Downtrend broken and the price continued downwards, but put in a tweezer bottom on the downtrend line and bounced. But the kicker is the higher volumes coming through, and rising. MACD and RSI also look solid.
This thing looks like a coiled spring. Added today
CPV, page-2841
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Last
48.0¢ |
Change
-0.065(11.9%) |
Mkt cap ! $116.4M | |||
| Open | High | Low | Value | Volume |
| 54.0¢ | 54.0¢ | 47.0¢ | $851.9K | 1.714M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14499 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 15757 | 3 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| CPV (ASX) Chart |