Pleased to see this referred to by the CEO. It provides us with an actual reason why there was continual downward pressure on the share price ........ which now appears to has ceased (thank heavens).
"A number of shareholders have asked me about the Company’s share price performance recently, particularly in light of the positive volume estimates for Phoenix. The primary factors affecting the share price recently are the subdued nature of the oil sector, driven by oil price uncertainty, and in our specific case two institutional investors selling large volumes into this weak share market. That selling activity now looks to be complete."
Ann: Quarterly Report March 2015, page-6
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Last
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $295.1M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 16.0¢ | $200.6K | 1.232M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 145000 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 1260877 | 11 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| CVN (ASX) Chart |