That large order was marked as a Cross trade from Overseas ie. XTOS.
An overseas holder/fund obviously needed to sell & someone at this end would have organised a client to buy them at that price. They may have even worked the price down yesterday to 35.5c & then told the distressed client thats the best price they could offer & did the transfer today?
This sort of skullduggery happens all the time - you get yourself into trouble & the big guys will fry you! Thats my take on it anyway.
Possibly CVN shorters may have to think about rebuying back their positions soon though its always just a guess as to how much more drama we can expect to happen in the world markets.
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Last
16.5¢ |
Change
0.010(6.45%) |
Mkt cap ! $295.1M |
Open | High | Low | Value | Volume |
15.5¢ | 16.5¢ | 15.5¢ | $201.4K | 1.258M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 888369 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 1476114 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 888369 | 0.155 |
19 | 1245634 | 0.150 |
19 | 860361 | 0.145 |
11 | 597422 | 0.140 |
2 | 437000 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 1476114 | 9 |
0.170 | 690959 | 13 |
0.175 | 944490 | 9 |
0.180 | 597382 | 9 |
0.185 | 92057 | 3 |
Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
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CVN (ASX) Chart |