Tcisboss/Woodgnome,
You both could be right, time will tell. I can't say I bought the price with strong conviction.
So few good oil stories around that I guess I still hate being out of this one. Whilst acknowledging lower production this Q, I am expecting better news flow from here, and we have had a pretty decent retrace of the leg up, 62%, so I am not sure a lot more is likely. I can also see a PE of 10 around 52 as some comfort to many.
Well apart from an order in the Q I will probably not commit any more to this until it gets direction, and been through the reports more thoroughly.
Goodluck with whatever are your current picks.
EL
todays update, page-20
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Last
17.0¢ |
Change
0.010(6.25%) |
Mkt cap ! $304.1M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 17.0¢ | 16.0¢ | $444.3K | 2.744M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1419150 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 332273 | 6 |
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| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| CVN (ASX) Chart |