CVN looking like a strong buy at 21c. Just my opinion but at this share price:
$200 mill market cap
$50 mill cash
$32 mill from Thai oil sales so roughly 16% ROI
Potentially the biggest oil find in 30 years in the W.A. Carnavan Basin - yet to be factored in.
Anyone else?
Ann: Phoenix South-1 Well Update, page-78
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Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.5¢ | $193.3K | 1.226M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1183937 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 1131769 | 4 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |