I think Adrian should make an announcement stating a share buy back to the tune of 31m shares for around $11mil for the sole purpose of putting the squeeze on the shorter at this crucial time and putting an end to their manipulation of cvn once and for all..
This could be done following Buffalo success, especially if the share price does not accurately represent cvn fair value which many companies use share buybacks for..and especially for a future capital raising were shorters manipulate the share price well below fair value.
who's with me on this?
CVN share buyback to squeeze shorter
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Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $277.3M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.5¢ | 15.0¢ | $114.0K | 738.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 754956 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 2101629 | 12 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| CVN (ASX) Chart |