Interested to gauge sentiment, by getting everyone's thoughts on this.
What is a "Fire Sale" price for CVN?
Instos who got (discounted) placement stock at 39c, obviously thought they got a bargain.
Many called the 'double bottom' at 31c the lows, and now here we sit at 28.5.
I'll kick things off and say that 25c would represent absolute stupidity in my opinion.
Downside risk from there, would have to be all but zero I'd have thought.
The way the media is going with this virus, blended with Wall St who's been looking for a cool new name to give a period in investing history and an excuse to sell, may not have finished yet though I don't think.
What's everyone else's price?
What is a "Fire Sale" price for CVN
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Last
19.0¢ |
Change
-0.005(2.56%) |
Mkt cap ! $339.8M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.5¢ | 19.0¢ | $113.1K | 595.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 230333 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 393982 | 5 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
19.3¢ |
Change
-0.005 ( 1.32 %) |
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| Open | High | Low | Volume | ||
| 19.0¢ | 19.3¢ | 19.0¢ | 263992 | ||
| Last updated 15.40pm 14/06/2024 ? | |||||
| CVN (ASX) Chart |