At 5 cents, I will be happy to offer to buy the whole company.
That would value the company at around $50M.....LOL.
Even if the Price of Oil (POO) was to become ZERO overnight, they still have at least $110M Cash, plus $32 M USD receivable!!!!!
And NO DEBT!!!
I would at least double my money overnight - for a $50M outlay, I get $110M cash and $32 M USD receivable!!!
You are really trying to drive the price back down, so you can buy back in - aren't you?!?
LOL!!!
CVN A$158 mill cash and receivables, page-101
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Last
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $277.3M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.5¢ | $116.0K | 737.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 1043733 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 395397 | 11 |
View Market Depth
| Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
| CVN (ASX) Chart |