Once.
Brokers and analysts are a proud bunch and with lofty valuations waaaaaay above current prices, it won't be long before they are calling their larger client lists and suggesting that its time to throw some money at CVN.
For what they've already found and the potential with future projects, this story at 17.5c is just too good to ignore.
One poster has so helpfully provided the stats on the shorters, and we all know that at some point those positions must be closed.
That in itself can spark the beginning of the rebound.
Some have thrown around pretty grim predictions of 10 and 15c and whilst their guess is as good as anyone elses, I really think that risk is now to the upside.
Gottabounce...
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Last
16.0¢ |
Change
0.005(3.23%) |
Mkt cap ! $286.2M |
Open | High | Low | Value | Volume |
16.0¢ | 16.0¢ | 15.8¢ | $136.6K | 855.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 166365 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 184462 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 106688 | 0.155 |
11 | 1673891 | 0.150 |
20 | 477375 | 0.145 |
14 | 571795 | 0.140 |
3 | 487000 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 159462 | 3 |
0.165 | 335710 | 6 |
0.170 | 534952 | 11 |
0.175 | 569536 | 8 |
0.180 | 602975 | 9 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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CVN (ASX) Chart |