On "The Call" last Thursday analysts Ben Clark from TMS Capital and Carl Capolingua from Think Markets labeled CVN as a "Sell". Main reason being that it will take a long time and a lot of money to get it off the ground thus high opportunity cost. Link is https://www.******.com.au/media/the-call-thursday-10-june-?videoId=11113 if you subscribe to it.
I still think this is a long term hold - one that goes in the bottom draw and look at it in a few years and will be justified by the returns.
Alternately I think there is money to be made on the short term strategy - if you have the arrogance to be labeled a shorter.
Patience to all
Make them pay!, page-970
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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $304.1M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.0¢ | $1.073M | 6.516M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 490498 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 1505581 | 16 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| CVN (ASX) Chart |