There is certainly something happening at CVN that we shareholders dont know about. The price movement of the past few weeks, plus the increased parcel size transactions are very much out of the ordinary of the past couple of years.
Yes, we are aware of the pretty impressive and growing portfolio of potential resource assets ........ which Adrian has openly conveyed to the market on a regular basis.
But for some reason, share transaction activity commenced out of the blue a couple of weeks ago and we dont have any real explanation why, just that maybe investors are beginning to realise what we have all understood for quite some time. I do question why investors have chosen now to purchase CVN because they wont receive any dividend income, so they can only believe their is impending capital growth in the company. This being said, they must believe capital growth is about to occur ....... otherwise they may as well delay their buying until closer to the drill program kicking off in 2018.
Great to see the increasing upside in the SP activity ..... but still keeps me wondering.
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Last
15.0¢ |
Change
0.010(7.14%) |
Mkt cap ! $268.3M |
Open | High | Low | Value | Volume |
14.5¢ | 15.0¢ | 14.0¢ | $155.3K | 1.059M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 530233 | 14.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 440281 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 530233 | 0.145 |
13 | 2235422 | 0.140 |
3 | 462000 | 0.135 |
4 | 529300 | 0.130 |
2 | 257503 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 440281 | 13 |
0.155 | 838157 | 15 |
0.160 | 1150434 | 18 |
0.165 | 225510 | 6 |
0.170 | 477678 | 10 |
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