CVY 0.00% 11.0¢ coventry resources limited

followmeBad day all round on the market today. Sentiment is down...

  1. 2,196 Posts.
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    followme

    Bad day all round on the market today. Sentiment is down and seems to be a bit of panic selling.

    Maybe CVY saw day traders or short term traders exit as they were caught in the suspension process and needed to cash in.

    Another thought is the negative buy depth when CVY was re-instated. The previous buys were all removed and as such the open saw only one or two orders. This may have spooked some sellers.

    I have no doubt the sp will pick up when the general market picks up and buyers start getting realistic to where this company is heading. Also have those results to look forward to in a couple of weeks which will help bolster the sp back to where it should be.

    cheers
    Ange

 
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Currently unlisted public company.

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