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
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $366.6M |
Open | High | Low | Value | Volume |
20.5¢ | 20.5¢ | 20.0¢ | $157.0K | 772.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 477489 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 175579 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 477483 | 0.195 |
19 | 667784 | 0.190 |
24 | 2868340 | 0.185 |
11 | 922539 | 0.180 |
6 | 360122 | 0.175 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 175579 | 4 |
0.205 | 817066 | 11 |
0.210 | 785507 | 19 |
0.215 | 668336 | 13 |
0.220 | 669156 | 20 |
Last trade - 11.11am 26/06/2024 (20 minute delay) ? |
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