IMO the market appears to be say Dorado and cashflow may be years away for CVN, so plenty of time to get on board. At this point CVN is like any other oil/gas company using up money but no cash flow. Almost every time you see a trading halt for an oil/gas company these days its to raise cash to keep going. So as wonderful Dorado is, CVN needs to announce something that's positive in the shorter term or the price will keep drifting down. How about all those companies that are supposed to be interested in Baxter or other projects, a positive announcement on these projects is way overdue.
How Good are CVN's Prospects, page-136
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Last
16.0¢ |
Change
-0.010(5.88%) |
Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 16.0¢ | $90.30K | 546.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 303067 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 620669 | 10 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| CVN (ASX) Chart |