Reading the various conditions there are a lot of boxes that need to be ticked to get the deal across the line.
Without a detailed knowledge of the acquisition it is difficult for shareholders to assess the likely positive impact this will have on the Company if it proceeds - the Company has a solid experienced management and reasonable directors so we have to assume they have done their homework and it does represent a company transforming acquisition. To say CVT has not performed well over the last few years is an understatement - the fall to a 1.5c share price is testament to the market's assessment of the company - it will be interesting to see what happens to the share price after this announcement. I decided to average down the other day so it might have been a lucky decision.
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Last
0.7¢ |
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Mkt cap ! $10.18M |
Open | High | Low | Value | Volume |
0.6¢ | 0.8¢ | 0.6¢ | $10.63K | 1.522M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1530819 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 3929249 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1530819 | 0.007 |
11 | 4152665 | 0.006 |
5 | 6860195 | 0.005 |
4 | 11098750 | 0.004 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 3429249 | 11 |
0.009 | 2753165 | 7 |
0.010 | 3190525 | 6 |
0.011 | 3339656 | 7 |
0.012 | 5723472 | 4 |
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