El,
The crux of your Hartley's fudging their CVN valuation figures (by some 0.65c) based solely on what POEs 48m shares are worth on the TRX is a situation that is not going to change by a long winded back and forth typing session. It would be somewhat like trying to reason with Mohamed Fayed that there actually was "no conspiracy".
However I don't think any serious investor having studied all CVNs releases would honestly believe CVN has a real value of 0.50c. Let alone that the Hartleys valuation report at $1.15 was little more than a "smick numbered swindle" because of Hartleys being paid to raise cash !!!
Nothing wrong with having a conservative approach. Its my No1 priority when facing the cold hard reality of investing my hard earnt money on the ASX. I'm an investor not a trader so the vast majority of my portfolio are 20+ year old investments that have donated me a very comfortable existence. As for CVN the Aus maket sees it at 0.75c where my conservative valuation has it at a today value of around the 0.90c range. This is far closer to Hartleys $1.15 and the markets 0.75c than it is to your 0.50c.
Your not Canadian are you?
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El, The crux of your Hartley's fudging their CVN valuation...
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Mkt cap ! $268.3M |
Open | High | Low | Value | Volume |
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16 | 724237 | 0.140 |
10 | 557372 | 0.135 |
11 | 581048 | 0.130 |
4 | 64150 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 347379 | 11 |
0.155 | 147161 | 3 |
0.160 | 1148144 | 17 |
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0.170 | 797038 | 12 |
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