To be fair, people who wanted quick returns with Rusty coming into the business had their chance:
- Nero went substantial on 12 Sep 23 and announced it straight away, stock closed 16.5c
- The combined Nero/Collins change in substantial came on 12 Dec 23, stock closed 17.5c
- CVN traded at 20c or above and as high as 23c for an entire month, 19 Dec 23 to 19 Jan 2024
Between those dates, from low (14.5c) to high (23c) is almost +60%; nobody picks the low/high but for what could be a short-term trade the opportunities were there. That aside, seems like someone has lost patience because today's volume is now just over 10x the MarketIndex 4w average.
Disappointing, page-6
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 (20min delay)
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Last
16.5¢ |
Change
-0.020(10.8%) |
Mkt cap ! $295.1M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.8¢ | 16.0¢ | $3.525M | 20.49M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 441949 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 2048593 | 4 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |