So, we've owned this small 2 bedroom house in Point Piper with full city and harbour views, for a short time.
It's on the market, but at the moment property investors are only willing to pay half a million bucks.
So, what do you do? Sell it, or recognise the obvious market cock up in the valuation, and hold.
See what I did there? Likening CVN to a perfectly located investment property?
If that doesn't make it obvious enough, remember the legendary quote from Roger Montgomery:
"With 100% certainty, the share price always ends up following the fundamentals of the business"
Share price end of 2017, page-4
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Last
15.5¢ |
Change
-0.010(6.06%) |
Mkt cap ! $281.7M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.3¢ | 15.5¢ | $142.7K | 912.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 961460 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 952197 | 21 |
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| Last trade - 14.30pm 26/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |