Arion,
It's pretty simple.
Someone like yourself (or someone that cannot afford to lose $500) should NOT invest in CVN, or any other small/mid sized oiler.
It's that simple, and CVN paying a dividend would not change that.
Furthermore I repeat the fact that CVN needs it's cash, and cannot afford to pay dividends until it has much higher and sustainable production.
EL
PS I do not know the other company you are referring to but it sounds like the folk expecting the $2 divvies would have been better off believing in the tooth fairy.
blinkers off, page-17
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Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $259.4M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.5¢ | $151.0K | 1.023M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1313406 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 1004797 | 12 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| CVN (ASX) Chart |