The good news is that the only remaining condition to settle the 10% sale to the Taiwanese is FIRB approval - all other conditions have been met. FIRB approval is a formality IMO.
I therefore see this as a very positive announcement and it would not surprise me if the CVN share price starts to move slightly higher over the next few weeks.
GLTA & DYOR
Ann: Bedout Divestment Update, page-10
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Last
20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $366.6M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 19.5¢ | $357.2K | 1.791M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 190000 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 832037 | 13 |
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| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |