I think CVN is currently oversold although sentiment seems to have a big effect on this stock as some traders have left the ship and are into other stocks that are more in the spotlight.
The lower the SP goes the better value it becomes and in time it will go back to the 60-70c mark when people realise the potential of this stock.
Short term anything can happen but it shouldnt be long before we see good days again as I think recent production/drilling hiccups have pretty much been priced in.
Just my cents worth, DYOR.
I think CVN is currently oversold although sentiment seems to...
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Last
16.0¢ |
Change
-0.010(5.88%) |
Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 15.8¢ | $190.8K | 1.184M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 270750 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 38484 | 1 |
View Market Depth
| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| CVN (ASX) Chart |