At least the selling seems thin and orderly, any accumulation of size will have us at 40 cents once more.
POE may be suffering badly from heavy oil. You can't just stop investment momentum overnight because POO makes it uneconomic. CVN on the other hand is not having to use the JV funds to cover a black hole elsewhere.
Just a possible reason for the divergence between CVN and POE. CVN is a cleanskin, POE is not.
I just started a book by Professor Ian Plimer, our most eminent geologist, who questions much of the assumptions regarding CO2 and climate change. Called "Heaven + Earth".
We could really see public and government focus swing away from Climate Change / Global Warming back to the easy to understand dilemma of oil depletion.
going for a run, page-23
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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $304.1M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.0¢ | $1.073M | 6.516M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 490498 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 1505581 | 16 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| CVN (ASX) Chart |