INP different though. INP has a lot less shares on issue and Talbot bought a huge stake into it on the day/day after announcement, hence the price movement. CVN's announcement was great, however its a sellers a game. They all taking profits. But you can't complain really, CVN has had a great run this year. However I do agree this announcement justifies a higher mc/sp.
I'll wait a few days and rebuy in (although it could turn around you never know!), but the reaction seems it will drop a bit further. Large sell orders just keep appearing.
IMO we will see $1 early next year.
this sucks, page-11
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $295.1M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.8¢ | 15.5¢ | $1.388M | 8.584M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 429217 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 518902 | 4 |
View Market Depth
| Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
| CVN (ASX) Chart |