CVN 1.25% 19.8¢ carnarvon energy limited

Was wondering now that shorters appear to be fully in control of...

  1. 568 Posts.
    lightbulb Created with Sketch. 100
    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.
 
watchlist Created with Sketch. Add CVN (ASX) to my watchlist
(20min delay)
Last
19.8¢
Change
-0.003(1.25%)
Mkt cap ! $353.0M
Open High Low Value Volume
20.0¢ 20.0¢ 19.5¢ $903.6K 4.557M

Buyers (Bids)

No. Vol. Price($)
1 23576 21.0¢
 

Sellers (Offers)

Price($) Vol. No.
18.5¢ 30000 2
View Market Depth
Last trade - 15.59pm 10/05/2024 (20 minute delay) ?
Last
19.8¢
  Change
-0.003 ( 0.00 %)
Open High Low Volume
20.0¢ 20.0¢ 19.5¢ 1726210
Last updated 15.59pm 10/05/2024 ?
CVN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.