JP hardly ceasing to be a substantial holder.
They have only of-loaded some 2Mill shares and still have over 32 Million to dump which will pressumably keep the price supressed for weeks to come.
The fact that CVN's fundamentals are sound and worth 2-3 times current price according to some valuations, suggests that JPM must be in need of cash back in the good old US of A ... otherwise why sell such a ridicilosly undervalued company with (probably) 50 Mill cash, close to 4000 bpd a new oil discovery etc,etc and I could go on at nauseum.
Its just a matter of sit and tough it out till all the agendas have been ironed out
JP hardly ceasing to be a substantial holder.They have only...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CVN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.5¢ | $93.18K | 583.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 354802 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 55498 | 2 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| CVN (ASX) Chart |