On what, god given reason would you buy today? Risk is ok, but in this market, on a Friday!!! holy cow! That's some juice..
On the god given reason that we have a cashed up producer with millions in the bank and selling $1 million worth of oil every two days.
In the absence of a crytal ball I have no idea where the market will bottom so since somebody offered me their 26c shares for the above I accepted gladly even with the posibility that it may be cheaper still in days to come.
It is already a ridicilous bargain and if I have to sit on it for a few weeks-months so be it?? I'll sleep well tonight despite what the dow may do.
There is no way known that I would do the same for a non producing, short of cash spec which CVN is not.
Sooner or later the panic merchants will realize the error of their ways, the turnaround will come 1 day .. why not tonight.
Nothing changes the fundamentals of what CVN have or do on a daily basis and if it gets even sillier I have an adoring aunt so I'll beg and borrow some more
Its only a matter of time.
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $330.9M |
Open | High | Low | Value | Volume |
19.0¢ | 19.5¢ | 17.5¢ | $2.186M | 11.82M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 986142 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 1259013 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 936142 | 0.180 |
8 | 1085537 | 0.175 |
4 | 310500 | 0.170 |
2 | 365000 | 0.165 |
2 | 18750 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 1259013 | 3 |
0.190 | 709179 | 4 |
0.195 | 1094323 | 9 |
0.200 | 1380564 | 15 |
0.205 | 735721 | 12 |
Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
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CVN (ASX) Chart |