Hi dingo.I don't hold either.
I'm a bit wary of the sustainability of yesterdays spike - especially in light of any further tax loss selling next week.
CLV's price plumetted to a low of .14 following a pretty ordinary 1/2 yr report in March. Following this,the opening of a new soy plant and some directors buying have fuelled a couple of minor rallies which were good short term trading opportunities but nothing more.
Yesterdays spike looks like a classic technical bounce from a low base.
Maybe another trading opportunity there but as I mentioned we still have some days left before the financial year end and I would have thought CLV would come under more selling pressure till then.
Tight stops imo.
Cheers
all most perfect, page-2
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Last
48.8¢ |
Change
-0.003(0.51%) |
Mkt cap ! $81.41M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 50.0¢ | 48.0¢ | $52.95K | 106.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16895 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 15582 | 1 |
View Market Depth
| Last trade - 15.58pm 05/07/2024 (20 minute delay) ? |
| CLV (ASX) Chart |