Hi all,
I think quite a few of us are by now convinced that JP Morgan are selling their holding (whether all or just a certain % remains to be seen).
I've emailed the company today to suggest that they confirm whether our suspicions are correct, and if so, arrange for Hartleys to place JP Morgan's shares with sophisticated investors etc.
This recently happened to MEO, and Hartleys took all of Santos' shares off market and placed them. I don't see why this can't be replicated with CVN?
Theoretically JP Morgan could continue to push the SP well into the 30's, which would cause quite a few people some grief - which the market is doing a lovely job of anyway.
Interested to hear some thoughts, and if you agree then feel free to email the company at [email protected]
jp morgan selling
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15.8¢ |
Change
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Mkt cap ! $277.3M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.3¢ | 15.5¢ | $122.4K | 781.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 687937 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 1086358 | 21 |
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| CVN (ASX) Chart |