Investors looking for better income producing stocks could also be a factor in the price slump of CVN.
OIL should settle down to a 100 as you read in the article that demand definately eroded supply a little and China's increase for OIL is growing but when you compare it too other countries their consumption is still low.
Demand destruction in the US and Japan has been significant dampening speculation that OIL prices will move higher.
I believe this will only happen if see a major polictical crisis in ME or more terrorit acts in Nigeria.
Investors looking for better income producing stocks could also...
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Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $348.8M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.5¢ | $386.1K | 1.979M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 425882 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 256926 | 7 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CVN (ASX) Chart |