The new Gas and oil targets in the Bedout sub-basin have really shown the tremendous potential ahead in the Dorado / Pavo permits and the superb value this company CVN provides as a ' Takeover' target while Santos are also considering selling a slice.
We know the Korean company 'KNOC' are having a look now.
Who else may suddenly pay attention in light of so many nearby targets?
Maybe it becomes big enough for even the new 'Giant' Woodside to consider.
I see 5 brokers recommend this as a strong buy.
Morningstar 43 c - fair value
Euroz still 85 c under review.
In addition
The company mentioned in their update of September 27 , 2022 that they were pursuing opportunities that may create cash flow well before Dorado / Pavo production.
In the short term this could also provide a healthy uptick in the share price.
Maybe above 25 c.
I wonder what targets may provide such immediate cash flow ?
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19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $348.8M |
Open | High | Low | Value | Volume |
19.5¢ | 20.0¢ | 19.5¢ | $386.1K | 1.979M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 425882 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 256926 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 375882 | 0.195 |
12 | 759750 | 0.190 |
14 | 2696117 | 0.185 |
5 | 800000 | 0.180 |
5 | 327022 | 0.175 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 256926 | 7 |
0.205 | 403228 | 9 |
0.210 | 910200 | 15 |
0.215 | 539005 | 7 |
0.220 | 1709761 | 17 |
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