I don't think that it is long term holders.
Rather there are a small segment of traders dumping it because it didn't show signs of life like other stocks on the market.
I saw people buying in at 13.5 and they probably put sells up at 14 / 15 but with no buyers they cut their losses and jumped at 13c.
I think it is ridiculous to see this share trading at 50% of its latest capital raising when it has so much gold, nice cash and plans in place to become a producer which it acting on and looking the goods.
- Forums
- ASX - By Stock
- CVY
- this is the baby in the bathwater
this is the baby in the bathwater, page-2
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)