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
48.0¢ |
Change
-0.010(2.04%) |
Mkt cap ! $80.16M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.0¢ | 48.0¢ | $5.014K | 10.44K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 29508 | 1 |
View Market Depth
| Last trade - 13.35pm 24/06/2024 (20 minute delay) ? |
| CLV (ASX) Chart |