Maybe they see it as a simple bet. More drill results are duds over oil strikes so the odds are its better to sell on the rumour rather than hold for the result. Sort of like playing roulette and betting on number 34. Huge reward if it comes up but whats the chance?
Maybe they see it as a simple bet. More drill results are duds...
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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 |