CVI 0.00% 0.3¢ cvi energy corporation limited

never read a book by its cover...

  1. 15,276 Posts.
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    What the...

    Been busy with the reno's...then my sms alert went off with the hit at 20c, so thought I would have a look.

    Silly sausages.

    Some unexpected top-ups for me today...can't say I am unhappy about that.

    It might look like crap and feel just as bad, but I read current activity as being symptomatic of a net exit of temporaries, combined with stop-loss triggers towards the bottom of it all.

    CNP is the main culpret in my books...sucking in every temporary (and their funds) from miles around.

    That attraction is nearly over by the way.

    Hopefully they have lost their taste for "investing" now (lol, they think 3 weeks is investing) and will not bother getting back in. Either that, or Smyth can whack this thing in a trading halt before those who want to do get back in...either that, or we see unexciting trading in this for a few weeks now, with gradual rises day after day, to the extent the traders are not attracted.

    It might look ugly on the outside, but I suspect the register is looking a whole lot more attractive now...from the inside.

    As they say, never read a book by its cover.

    Cheers!
 
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