I agree, if you look at INP, the Friday before the big announcement it was said that Flax East 1 hit so much oil and the shares went from 36 to 42 cents. On the following Monday following further news from the company the shares went all the way to 1.97. Amazing. Lots of seller and the share have now dropped to 1.22 being as low as 80 cents (I brought more).
I think we just been seeing something similar with CVN, lots of day traders selling and not realising the huge cash flow growth that CVN now has.
I expect CVN to be north of a buck before end Jan 2008.
I agree, if you look at INP, the Friday before the big...
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Last
19.5¢ |
Change
0.005(2.63%) |
Mkt cap ! $339.9M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.5¢ | 19.0¢ | $62.00K | 320.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 2788785 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 283372 | 18 |
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| Last trade - 15.57pm 17/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |