CVI 0.00% 0.3¢ cvi energy corporation limited

givining up on ops, page-11

  1. 15,276 Posts.
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    I think recent trading activity needs to be viewed in terms of market cap...

    Whilst we have seen a retrace from recent highs in pure dollar terms, in fully diluted Market cap terms we are more or less treading water near recent highs.

    After such a stellar run, this is actually a better than expected result and in my view reflects the capacity of this stock to rise significantly on the back of what the market would consider to be a confirmatory announcement.

    Sorry, I haven't the time, but if someone does I suspect a market cap chart might reveal a very bullish chart formation.

    Cheers!

 
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