Good luck with that strategy Phillipho.
May work a couple of times but one day you'll get pantsed IMO.
As Pannaman says, at current prices this thing's a 'no brainer' and when the world emerges from the current shut in, share price will "bag" quicker than you can say:
"On no....why the hell did I sell at 17.5c"
Don't forget who was a willing buyer at 19c recently. Oh yeah....CEO Adrian Cook.
I believe he knows the Company rather well.
OPEC Announces Oil Production Cuts, page-159
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Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $348.8M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.5¢ | $386.1K | 1.979M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 425882 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 256926 | 7 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CVN (ASX) Chart |