Looks like you might get them in the high 20's, will be looking for another less modest parcel myself if so.
Not sure about oil sub 40 again, but perhaps it has to form a flatter bottom, or perhaps in this market anything is probable. OPEC cuts being real and the strong contango working against it staying too low, too long. Anyways holding CVN for the relative safety on low poo, incl the now very robust balance sheet.
This is a time when the strong get stronger, but only by feasting off the weak, and for that we need sustained weakness. No pain, no gain.
EL
announcement out, page-40
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Last
16.5¢ |
Change
0.010(6.45%) |
Mkt cap ! $295.1M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.5¢ | 15.5¢ | $201.4K | 1.258M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 888369 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 1476114 | 9 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| CVN (ASX) Chart |