Can we stop with the baseless assumptions please?
The share price is being squeezed, volatility has left and its the impatient selling off with investors already holding positions. Why would a big investor buy up when the state of the market is in a sell off? Just a matter of when the volume of shares selling down decreases you would see a leg up. Otherwise we stay in the squeeze state. If bad news come around prepare for a free fall.
Enjoy.
Fundamental Value, page-237
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Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.8¢ | 15.8¢ | $1.111M | 6.869M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 2236897 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 1554760 | 6 |
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| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |