Hartleys in West Australian today recommended cvn as a buy on the basis of being undervalued with a price range valuation of 23c to 42c based on current and future exploration. Perhaps explains the buying today.
Maybe Hartleys want to push the price up ahead of a share issue. I assume, as cvn's main backer, Hartleys would participate in any share issue - that's the cynical view.
More likely, a share issue will favour 'sophisticated' investors, which will help limit a price fall.
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $277.3M |
Open | High | Low | Value | Volume |
15.0¢ | 15.5¢ | 15.0¢ | $106.1K | 701.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 260751 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 886610 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4008 | 0.165 |
12 | 318628 | 0.150 |
22 | 686254 | 0.145 |
5 | 424500 | 0.140 |
7 | 507057 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 1327610 | 7 |
0.160 | 871807 | 12 |
0.165 | 369060 | 8 |
0.170 | 1282192 | 16 |
0.175 | 844730 | 10 |
Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
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