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
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $295.1M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 16.0¢ | $356.6K | 2.168M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 1519629 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 753282 | 7 |
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| Last trade - 15.21pm 23/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |