well one thing I will add is that the extremely strong buying in last month has NOT been in anticipation of these latest well tests (IMO of course), and furthermore these latest well tests were NOT bad news. So I certainly wouldn't be selling based on this last ann. But will it drop or rise from here I have no idea though. Perhaps the 'traders' will sell it down knowing news is unlikely for the next 2 weeks. Maybe the 'big boys' will continue the significnat accumulation that has been going on.
The recent new shallow oil pool,and the oil find in an adjacent concession are significnat news IMO and one of the drivers of the recent SP rise.
re-entry opportunity?, page-6
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Last
16.5¢ |
Change
0.010(6.45%) |
Mkt cap ! $295.1M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.5¢ | 15.5¢ | $201.4K | 1.258M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 888369 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 1476114 | 9 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| CVN (ASX) Chart |