CVN 2.50% 20.5¢ carnarvon energy limited

where are the buyers, page-9

  1. 1,596 Posts.
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    It is possible it is connected to Chimaera, which I think largely converted AMSLA held stocks to small caps. I have not seen the stock list, and given the potential proceedings that might not become public information (for some time).

    It is, I think, probably a bit early for the receivers to make many sell or hold decisions (PWC I think are the receivers)

    On the bright side, even if CVN is caught up in Chimaera, its stocks were valued at under Au$300 mil so if international boyancy returns (I see Shangahi is currently up) over the next few weeks sales should be able to occur without too much price deflation. In short, as wth OPES, this might represent a short term buying opportunity.
 
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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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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
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