kalintihi.
Before early indications were released regarding ROC, market was probably hoping for more oil than you could dump on the building of an OPEC meeting.
Since then, oil price sentiment has caused a sell off with any stock (regardless of fundamentals), with the word "oil" in it.
In my personal opinion, our market cap is now absolutely ridiculous and I am starting to fear that we really will be taken over cheaply.
Today's buyers will (eventually) have the last laugh.
Explanation, page-2
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Last
19.5¢ |
Change
-0.010(4.88%) |
Mkt cap ! $348.8M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.3¢ | 19.5¢ | $194.1K | 985.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 903500 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 427080 | 5 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| CVN (ASX) Chart |