well said... this stock like so many others requires patience. It’s called investing. There was always going to a period of relative quiet in terms of news flows and developments after the drill results last year. I see this period as one where the impatient will sell and buy other shares that have constant or more regular news flow. As they sell out the share price will decline which CVN has. It has also been at these levels for some time and will remain within a range while there is little news. The underlying assets are still valuable and they will add to these resources with their other holdings over the coming years. If you believe in the assets then hang in there. If you think that oil demand will diminish and the underlying assets are diminishing in value then sell. I can’t predict the future but this one is a long game type with no guarantees of success. Welcome to the world of investing.
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well said... this stock like so many others requires patience....
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Last
17.0¢ |
Change
0.015(9.68%) |
Mkt cap ! $304.1M |
Open | High | Low | Value | Volume |
15.0¢ | 17.0¢ | 15.0¢ | $675.5K | 4.272M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 59750 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 1916292 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 59750 | 0.160 |
5 | 1970750 | 0.155 |
13 | 478761 | 0.150 |
19 | 441903 | 0.145 |
4 | 401714 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 1916292 | 14 |
0.175 | 662798 | 12 |
0.180 | 975475 | 11 |
0.185 | 1596290 | 12 |
0.190 | 1098548 | 10 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
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CVN (ASX) Chart |