Either a guess or inside info, or just trying to play with our heads. Realistically, its likely to be a share issue as alluded to in their quarterly report, and there is no other obvious reason to call a trading halt.
7.7c seems to be a bit low for an issue, but what do I know? Buying depth is tentatively building up, perhaps in anticipation of an issue kickstarting the drilling programme, or some other great expectation.
trading halt, page-4
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Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.3¢ | 15.5¢ | $244.1K | 1.527M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21399 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 1512613 | 11 |
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| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| CVN (ASX) Chart |