CVL 0.00% 93.5¢ civmec limited

Ann: 1H FY2024 Investor presentation, page-4

  1. 1,131 Posts.
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    Hi All

    Been here for the last 5yrs ---------these shares are tightly held and SP movements can range up or down 5c-10c on occasion but always come back to were they started from . I believe its someone trying to accumulate as the shares are so tight and so might be trying to scare peeps into selling.
    I have found [and I started at 38c] that every so often as the company hits contracts or profit margins the SP will surge up to a new level[ to be honest these should be over a $1.50 just with what's going on with AUKUS and our position close to the navel base for the subs.

    the Financial review had a good article about Aust needing to upgrade their ships as all now are getting old , and Civmec were mentioned as a possible builder with Austal .


    GLTAH
 
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