There are generally no prizes for being the first back in.
The market needs to lose interest and the gradual fall in the share price that follows needs to run its course. In this case CCV will have a bad first-half result possibly followed by an improving second half. So waiting 2-3 months to a true bottom is evident is the best strategy.
I don't think any of us can predict where that bottom is however it will be at a lower point than todays share price.
over done, page-10
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Last
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $134.9M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.8¢ | 21.5¢ | $35.48K | 164.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 174740 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 651213 | 11 |
View Market Depth
| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| CCV (ASX) Chart |