So this is what happened today.
Chart starts at 10am this morning. Volume in the lower chart. Total volume today was about 5.5M shares. About 1/4 of them was in the one minute at 15:17pm this afternoon. so basically someone with a lot of money bought a lot of CPV then. I suspect that someone also triggered the selloff to see where the bottom was (possibly the same trader). Anyway someone had a plan today. Those that sold off in panic helped them fulfil their plan. I hate seeing this type of action. But you will all remember the time in early March this year when CPV dropped about 25% over a week and then went up by about 125% soon after. Wait patiently for good news with CPV. It will come.
Check out the day chart below and understand what happened.
So this is what happened today.Chart starts at 10am this...
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 (20min delay)
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Last
42.5¢ |
Change
-0.015(3.41%) |
Mkt cap ! $103.1M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.0¢ | 42.0¢ | $75.03K | 177.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 655 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 22000 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| CPV (ASX) Chart |