CVN is now relatively derisked, and this is the 1st major step with oilstocks. So many drill with hope of hitting an economical reserve. So many people punt on these kind of stocks which is nothing short of gambling.
I hold 2 stocks - CVN - which I am now long on, after having traded in and out over the last few months.
& CVI - 60mmbbls proven in West Africa for a $30million market cap. Gulf drilled this in the 1980's.
Well...goodluck for the week ahead. Lets hope the rerating continues for a while before we get an inevitable retracement.
think outside the box, page-8
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Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $348.8M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.5¢ | $80.01K | 402.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 1576649 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 319098 | 7 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |