It is called manipulaion, happens all over the market,short sellers and others trying to sell down a share on small volume so as be able to buy back a larger stake at lower prices.
Fundamentally this share price should not be dropping, oil dropping to $120
It is stil $120 per barrell, at 15,000 barrels a day time $120 = $1,800,000 per day * 40 (CVN Share) = $720,000 *365 days = $262m p.a.
I keep buying because the cash will come in as will the dividends and all the sellers will look stupid
cheers
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Last
19.0¢ |
Change
-0.005(2.56%) |
Mkt cap ! $339.8M |
Open | High | Low | Value | Volume |
19.5¢ | 19.8¢ | 19.0¢ | $198.4K | 1.021M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 953400 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 481616 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 853400 | 0.190 |
17 | 2742565 | 0.185 |
6 | 844444 | 0.180 |
6 | 377022 | 0.175 |
3 | 305000 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 249692 | 5 |
0.200 | 386374 | 10 |
0.205 | 1045536 | 12 |
0.210 | 865522 | 15 |
0.215 | 320267 | 7 |
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