amb005,
I didn't say the sp would rocket on this news. Like Wolgen said, it's the broader implications of this that makes it significant.
The smart money in the market reads between the lines. In this case, it doesn't take Sherlock Holmes to figure this out.
Anyone who thinks this hasn't been significantly de-risked on this news has too much combustible gas between their ears.
It's major news. The market has just been burned too many times by the lack of on-time deliverables by the company for so long. It will take a series of good news to drive the sp.
That doesn't take away the significance of this news. CUV is just a slow boiling pot now.
I'm lighting up a celebratory stogie tonight with a cold frosty, and I recommend you do the same.
mmmmmm, cold frosty....
we're in like flynn, page-3
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Last
$14.68 |
Change
-0.240(1.61%) |
Mkt cap ! $735.1M | |||
| Open | High | Low | Value | Volume |
| $14.75 | $14.92 | $14.65 | $503.5K | 34.18K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 448 | $14.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.74 | 149 | 1 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| CUV (ASX) Chart |