They raised the cash so that they would be financially ready when STO are. Now why on earth would they blow it on something else meantime?
With STO it’s pretty certain (nothing is absolute) that it’s not a question of 5 or 10 years but of 1 or 2 years. Sometimes one just has to be patient (and certainly in the case of companies) disciplined and focussed.
If folk want to be invested in something other than Dorado, then there are plenty of options other than CVN on the ASX.
Sometimes you just have to accept being the tail, and hope that the dog eats well.
EL
They raised the cash so that they would be financially ready...
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Last
20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $366.6M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 20.0¢ | $724.4K | 3.558M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 279612 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 485773 | 5 |
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| CVN (ASX) Chart |