Todays turnover was just short of $527K so there is still real money in it. The price goes down, and the volume goes up, helped by the continueous supply of new shares.
Just look at NWT. It once was over $1, and they recently did a placement at just 0.2c to raise some operating money.
IMO - no price is to low for this type of activity.
BTW - The minimum ASX fee are charge at SP=20c, so CVI's ASX costs will be going through the roof.
CVI Price at posting:
2.1¢ Sentiment: None Disclosure: Not Held