Say change of interest rate in one country, then the impact on exchange rates, subsequent adjustment in interest rate in another country, changes in cost of services, goods and raw material, business conditions as a whole, changes in cost of borrowing for the companies (large and small), reduced risk of investment in safer places vs riskier stock market, etc, etc. So I guess everything large or small is somewhat interconnected.
But, for a small cap like CPV, I guess there may be little real connection other than the fact in a bad market investors may in general feel like they want to be in safer places rather than risking their capital in stock market.
Mr market displays a super exaggerated version of these global interconnections; but over time should correct itself based on company-specific impacts.
CPV Chart Thread, page-3950
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Last
42.5¢ |
Change
-0.015(3.41%) |
Mkt cap ! $103.1M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.0¢ | 42.0¢ | $75.03K | 177.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 655 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 22000 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| CPV (ASX) Chart |