Due to the limited number of outstanding shares, the volatility of CUV is brutal. As you rightly pointed out, a large buyer was sufficient to drive the stock temporarily higher. However, the flip side is that a single large (short) seller is enough to send the stock plummeting. Retail investors don't move the stock price. Most of them just hold. Shorty has managed to create distrust, or rather, exploit the distrust in CUV. The failure to meet many targets has led to this. It's possible that massive investment will only resume when it's black and white that the FDA has granted approval for vitiligo.
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Last
$14.68 |
Change
-0.240(1.61%) |
Mkt cap ! $735.1M |
Open | High | Low | Value | Volume |
$14.75 | $14.92 | $14.65 | $503.5K | 34.18K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 448 | $14.68 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.74 | 149 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 448 | 14.680 |
1 | 340 | 14.600 |
2 | 1069 | 14.560 |
1 | 2000 | 14.520 |
1 | 500 | 14.500 |
Price($) | Vol. | No. |
---|---|---|
14.980 | 1000 | 1 |
15.150 | 519 | 1 |
15.180 | 100 | 1 |
15.190 | 50 | 1 |
15.200 | 47 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
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CUV (ASX) Chart |