Hi dingo.I don't hold either.
I'm a bit wary of the sustainability of yesterdays spike - especially in light of any further tax loss selling next week.
CLV's price plumetted to a low of .14 following a pretty ordinary 1/2 yr report in March. Following this,the opening of a new soy plant and some directors buying have fuelled a couple of minor rallies which were good short term trading opportunities but nothing more.
Yesterdays spike looks like a classic technical bounce from a low base.
Maybe another trading opportunity there but as I mentioned we still have some days left before the financial year end and I would have thought CLV would come under more selling pressure till then.
Tight stops imo.
Cheers
all most perfect, page-2
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Last
50.0¢ |
Change
0.035(7.53%) |
Mkt cap ! $83.5M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 50.0¢ | 44.5¢ | $57.34K | 121.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1300 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 109674 | 4 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CLV (ASX) Chart |