Any thoughts on what size of agreed settlement would have a positive impact on share price and also, what size settlement would have a negative impact?
I believe a large amount of negative sentiment has been factored into the current SP. And that the amount would have to be significant i.e the full 40mil to have any further negative influence on SP. I think anything less than 20mil would be viewed as a positive an the SP may begin to rise. Just speculating. I think the fact that CCV have agreed to settle would indicate that the settlement is far less than the 40mil. I'm gonna GUESS that it will be <10mil and the SP will like that.
Ann: Trading Halt, page-4
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20.0¢ |
Change
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Mkt cap ! $125.5M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 20.0¢ | $199.4K | 973.1K |
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| No. | Vol. | Price($) |
|---|---|---|
| 7 | 313277 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 431173 | 11 |
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| CCV (ASX) Chart |