Its not minimal news, It announced their glass can be used with any frame or frameless.
That almost opens up about 100 times the amount of potential places to use it, meaning on projects the size of a new City. So in some ways its telling us its unlimited in the Future Building of the World.
Also what gaps are you referring to ?? On an hour chart etc ?? Because Ive only ever considered the Daily Gaps and weekly gaps as potential future fillers.
Other stocks after IPOs like TTT and CAN, have Charts that have exploded with quite a few gaps left in the dust. I do think that in general gaps will fill. But Id say the gap needs to be pretty Wide for the Market to be worried about it.
Like the Gaps on the TTT and CAN charts, Id be worried if gaps were $1.50c below the current price levels. We dont have that probem YET on CPV, it needs to get closer to $2- first
CPV Chart Thread, page-76
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Last
60.0¢ |
Change
0.020(3.45%) |
Mkt cap ! $145.5M | |||
| Open | High | Low | Value | Volume |
| 58.0¢ | 60.0¢ | 56.5¢ | $356.5K | 610.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2150 | 59.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.0¢ | 105559 | 7 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| CPV (ASX) Chart |