EL,
Really enjoy your posts as they to me are the sobering response to the euphoric views other posters may present. Whilst I do believe you may be overly conservative at times, the drop in production and the fall below 60 cents (which chartists have been saying is important) resulted in me exiting my position on Friday at 58 cents for a handy 16% profit. Would of been better if I bailed in the high 80's but hindsight is a wonderful thing.
Given POE's report of further production declines this quarter, we may see a further fall in CVN over the next few months.
Whilst the story long term is good, I may look at re-entering but will this be a case of trying to catch the falling knife?
hey ted!, page-33
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Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $295.1M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.5¢ | 15.5¢ | $556.2K | 3.435M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 271853 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 468186 | 5 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |