CVN 5.13% 20.5¢ carnarvon energy limited

support at 40, page-4

  1. 744 Posts.
    It's interesting isn't it. As Stevero points out, CVN has fallen 50% from highs, yet mkt only about 32% (despite good news from CVN).

    I think we nailed the analysis on JPM (UK) selling, after today it looks like they may still have a few more to unload. Can't last long though, so I was comfortable having a dummy order of 41c taken up.

    I'm resigned to the fact this stock will continue to largely mirror the market. However, in the months ahead when the markets sort themselves out to reflect true value of stocks, we can all be confident that CVN will bounce, and bounce hard.

    FORTY CENTS - WTF???? Ridiculous price, completely absurd, but have some faith guys - clearly the selling is not due to something CVN has done. The dream remains, we just aren't going to see the value reflected in the SP until the markets calm down.

    Have a good w/e all,

    WG
 
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Last
20.5¢
Change
0.010(5.13%)
Mkt cap ! $366.6M
Open High Low Value Volume
20.0¢ 20.5¢ 19.5¢ $492.2K 2.477M

Buyers (Bids)

No. Vol. Price($)
3 55000 20.0¢
 

Sellers (Offers)

Price($) Vol. No.
20.5¢ 415302 9
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Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
CVN (ASX) Chart
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