It is called manipulaion, happens all over the market,short sellers and others trying to sell down a share on small volume so as be able to buy back a larger stake at lower prices.
Fundamentally this share price should not be dropping, oil dropping to $120
It is stil $120 per barrell, at 15,000 barrels a day time $120 = $1,800,000 per day * 40 (CVN Share) = $720,000 *365 days = $262m p.a.
I keep buying because the cash will come in as will the dividends and all the sellers will look stupid
cheers
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $295.1M |
Open | High | Low | Value | Volume |
16.5¢ | 17.0¢ | 16.0¢ | $636.5K | 3.866M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 624083 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 745415 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 624083 | 0.165 |
8 | 348052 | 0.155 |
12 | 1672628 | 0.150 |
23 | 939657 | 0.145 |
12 | 482777 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 745415 | 12 |
0.175 | 683239 | 10 |
0.180 | 753475 | 10 |
0.185 | 888213 | 7 |
0.190 | 803888 | 3 |
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