Fair point, but I am here for the long term. Shareholders are really only "diluted" in a cap raising if their average buy in price is greater than the issue price, but your point about the short term momentum is highly valid, which I didn't consider.
In other news, I've been LinkedIn stalking our glorious leader, Mr Adrian Cook, and this might explain some of the weird selling we saw this week:
Fair point, but I am here for the long term. Shareholders are...
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Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $295.1M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.5¢ | 15.5¢ | $556.2K | 3.435M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 271853 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 468186 | 5 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |