CVN 0.00% 16.5¢ carnarvon energy limited

"If there was a 60c offer, I am sure that 90%+ of people would...

  1. 3,488 Posts.
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    "If there was a 60c offer, I am sure that 90%+ of people would be pretty happy. "

    maybe... maybe not...

    on 21/05/18 STO closed at $6.36... and received an offer from Harbour for AUD equivalent of $6.95 (ironically, 60c more than it's close) and it was rejected.

    a few people on here seem very sure that a 60c offer would get off the ground.
    i'm not so sure.

    there might still be some people bleeding on here from higher entry points, but that doesn't mean they are just holding on for break even... they could well be resolute holders who accept the movements of stock markets and share prices... and are holding until the realisation of a fairer value.

    i think (and hope) that after the recent churn of the last 8 weeks, that most of those shares have found homes in stronger hands.
    hands that don't jump at shadows and understand the potential value in CVN...
 
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16.5¢ 17.0¢ 16.0¢ $636.5K 3.866M

Buyers (Bids)

No. Vol. Price($)
8 624083 16.5¢
 

Sellers (Offers)

Price($) Vol. No.
17.0¢ 745415 12
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Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
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