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
16.0¢ |
Change
0.005(3.23%) |
Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.8¢ | $136.6K | 855.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 166365 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 184462 | 4 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| CVN (ASX) Chart |