At the AGM I did ask/comment about events like yesterday's sudden price rise that had happened over the last 6 months. The response was that the capital structure of the company is 'tight' and when there is interest it doesn't take much for the SP to take off. My understanding and limited recall but makes some sense for a company that doesn't have billions of shares on issue.
I don't know if there was a consolidation that resulted in this capital structure. Might do some research....Anyone got any ideas?
CVV mention in Far East Capital, page-5
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15.0¢ |
Change
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Mkt cap ! $78.64M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 15.0¢ | $9.996K | 65.46K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 123699 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 69634 | 2 |
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| CVV (ASX) Chart |