CVN 0.00% 16.0¢ carnarvon energy limited

Ann: Minimum Holding Buy-Back, page-4

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  1. 2,895 Posts.
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    Good news for all holders, lower registry costs and probably 3 million less shares on issue assuming a 90% take up rate.

    Appreciate CVN is in the oil and gas business, but CVN and management are also in the capital management business, I'd like to see CVN have a larger buyback now, and if Dorado gets the nod then they can just issue shares at 30cents should reserves based lending not be adequate to plug any funding gap.
 
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Mkt cap ! $286.2M
Open High Low Value Volume
16.0¢ 16.3¢ 15.5¢ $401.0K 2.512M

Buyers (Bids)

No. Vol. Price($)
21 1323422 15.5¢
 

Sellers (Offers)

Price($) Vol. No.
16.0¢ 89264 3
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