Was wondering now that shorters appear to be fully in control of the CVN share price at what price do people think that they are trying to push it down to?
In my opinion if we have to raise further capital down the track for development there’s going to be so many more shares on issue that long term holders will be diluted to oblivion.
I still firmly believe but I hope I am wrong that CVN could get taken out via a hostile bid in the vicinity of 55-60 cents if not lower.
Interested to hear other shareholders thoughts.
CVN Shorts
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Last
21.0¢ |
Change
0.015(7.69%) |
Mkt cap ! $375.3M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 21.0¢ | 19.8¢ | $1.467M | 7.218M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1318497 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 1431228 | 13 |
View Market Depth
| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
21.0¢ |
Change
0.015 ( 6.33 %) |
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| Open | High | Low | Volume | ||
| 19.8¢ | 21.0¢ | 19.8¢ | 3258493 | ||
| Last updated 15.56pm 13/05/2024 ? | |||||
| CVN (ASX) Chart |