It's the first time I see the capex is traded at a discount 20% to its cash balance but It has never be a threat to my holding position.
For the last 2wks CVN hasn't performed as a hedge stock due to oil roots. Let see if It responses with a 2% rise in poo today.
If it's not positive then the sp would retreat futher due to a threat of a cut in deposit rate in Europe. This will result in another equities rout in Europe.
We saw China equities rooted We saw US equities rooted and Europe. It a real storm so I'm not buying more amid the Sp is very attractive.
US equities rise today because of one of US major bank, J Morgan, reported a positive earning.
Some other banks are due to report shortly. I don't believe all of them are in good position, not to mention negative corporate reports.
Inflation is not presented so oil is still in a bloodbath. This is good for CVN as long as people realize cash is king.
- Forums
- ASX - By Stock
- CVN
- Explanation
Explanation, page-14
-
-
- There are more pages in this discussion • 7 more messages in this thread...
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
17.5¢ |
Change
0.010(6.06%) |
Mkt cap ! $299.6M |
Open | High | Low | Value | Volume |
16.5¢ | 17.5¢ | 16.5¢ | $208.3K | 1.228M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 265525 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 637505 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 265526 | 0.170 |
5 | 1055636 | 0.165 |
4 | 258985 | 0.160 |
8 | 212837 | 0.155 |
7 | 283335 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 637505 | 13 |
0.180 | 806225 | 11 |
0.185 | 888213 | 7 |
0.190 | 810388 | 4 |
0.195 | 216549 | 4 |
Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
Featured News
CVN (ASX) Chart |