Not sure why? CVN needs to use its scarce financial and management resources for more productive things. The quickest way to move the shorters along is to have success with the drilling campaigns. I know everyone likes to see their investment rise in value but this endless focus on the shorts is pretty pointless. They will do what they will do; they have a strategy and I assume everyone else does too, so why sweat it so much?
CVN share buyback to squeeze shorter, page-2
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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 |