You really are a moron.
Of course they can "control the share price".
Had they not diluted the stock via cap raises every time they had drill success - the SP would be higher.
By causing a situation where large institutions are now underwater (due to 3 cap raises!) at 39c, 33c and 30c - it means the SP is 'capped" and these institutions will probably lend their "out of the money" shares to entities that short the stock.. So stock goes down due to a management decision..
SP was 43.5c after PAVO success.. Look where it it now.. Below what is was in 2014!
Think about that - Anyone who bought in 2014 and held after Phoenix South-1 is underwater..
Yet "lemmings" like you don't question management performance and in fact you somehow believe today's lame SP outcome (despite a POO USD100+) is somehow a good result.
If this was a US company Cook would have been booted out years ago.. Wake up.
- Forums
- ASX - By Stock
- CVN Value and Share Price Catalysts
You really are a moron. Of course they can "control the share...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CVN (ASX) to my watchlist
(20min delay)
|
|||||
Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $286.2M |
Open | High | Low | Value | Volume |
16.0¢ | 16.3¢ | 15.5¢ | $401.0K | 2.512M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 1323422 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 89264 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 1323422 | 0.155 |
17 | 1264774 | 0.150 |
21 | 867263 | 0.145 |
11 | 601021 | 0.140 |
2 | 437000 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 89264 | 3 |
0.165 | 1664156 | 13 |
0.170 | 877450 | 17 |
0.175 | 701471 | 7 |
0.180 | 373384 | 9 |
Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
Featured News
CVN (ASX) Chart |