It is just a re-rate imo.
Realization that CVN will be not far above cash backing next week.
My idea of fair price is about 25c, pretty close to to MQG's target of 24.
Macquarie CVN target 24c, page-18
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Last
16.0¢ |
Change
-0.010(5.88%) |
Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 16.0¢ | $90.30K | 546.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 303067 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 620669 | 10 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| CVN (ASX) Chart |