Seriously, you only win or lose on the market if you sell. Why would you sell at a lost? If you believe the fundamentals of the company are out of whack.
Who here believes CVN's fundamentals are on the nose? A simple mathematical equation of cash (forget possible future assets) v market capital indicates it is not.
But you can't stop holders selling, you only can question the grey matter between their ears.
The volume is so low, really why would you worry.
Seriously, you only win or lose on the market if you sell. Why...
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Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $277.3M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.5¢ | 15.0¢ | $114.0K | 738.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 754956 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 2101629 | 12 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| CVN (ASX) Chart |