Market across any country on the Equator has to be huge, clearly many are poor, but with temperatures regularly hitting 50c and wall to wall sunshine, and with Qatar, Dubai and Saudi Kuwait, India all having a ton of money and big development plans, this is a great announcement. I will counter that by saying I think it would be 6 - 12 months before CPV gets any decent money. The SP is going to rise and fall on expectations about potential income, which will increase, the more manufacturers they sign up and the size/quality of the name attached. I also think they are likely to tap their finance facility again within 6 months. Lots of expensive leg work and travel to secure these deals.
I think we will churn in the box, unless another major name or deal is announced. It is a big box, and profitable for traders. LT investors need to ignore that noise and identify good points for adding and stick with it. Interesting that the low in the middle of the box is on the 61.8% retrace from start of the upmove - positive
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44.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $108.2M |
Open | High | Low | Value | Volume |
45.0¢ | 45.5¢ | 44.0¢ | $39.27K | 87.30K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 82926 | 44.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
46.0¢ | 25000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 82926 | 0.440 |
4 | 149500 | 0.435 |
1 | 188944 | 0.430 |
1 | 30541 | 0.425 |
2 | 56637 | 0.420 |
Price($) | Vol. | No. |
---|---|---|
0.460 | 25000 | 2 |
0.470 | 21978 | 1 |
0.475 | 25499 | 2 |
0.480 | 20000 | 1 |
0.495 | 4618 | 2 |
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