Today, the SP is up 6+% and looking like ever decreasing sell orders. A few more days like that and we'll be in business, regardless of whether it is a TO or just investors looking for value; the reason being that the shorter(s) are 58Mil in trouble still. I think they'll need to recover all that at less than 40c to break even.
Can you see that happening?
So I think if we are patient, the shorter(s) will do our work or worrying for us. So, don't worry about the director saga or their intentions.
Have a good weekend.
Today, the SP is up 6+% and looking like ever decreasing sell...
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Last
21.5¢ |
Change
0.005(2.38%) |
Mkt cap ! $384.5M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 22.5¢ | 21.0¢ | $3.327M | 15.15M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 317332 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 394500 | 5 |
View Market Depth
| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
21.5¢ |
Change
0.005 ( 2.38 %) |
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| Open | High | Low | Volume | ||
| 21.0¢ | 22.5¢ | 21.0¢ | 7327241 | ||
| Last updated 15.59pm 14/05/2024 ? | |||||
| CVN (ASX) Chart |