Chippy, from what I have seen from your posts you are not a "newbie" in regards to the stock market. The market is littered with spec stocks that have had similar runs like CPV. Can it get to $1? Well yes, but now the company needs to prove there is going to be revenue, and heaps of it. Not only do they need sign up licencees, there needs to be proof that these licencees are making sales.
I am disappointed with the progress of this company. The MOU with Ystop has so far amounted to nothing, yet this announcement was a driver of the share price. CPV is not a spec miner, or a bio company, it is a company with a product which I thought, based on the IPO, was ready for sale. Where are these sales? Why wasn't the trial set up to showcase the company? How much money have they got?
Unfortunately there are now too many unknowns.
Can CPV get to $1 per share, page-3
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Last
45.5¢ |
Change
0.015(3.41%) |
Mkt cap ! $110.6M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 46.5¢ | 45.0¢ | $42.64K | 93.02K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19997 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 5989 | 1 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| CPV (ASX) Chart |