I hear what people are saying about cash backing and discounting, can't say I disagree with that sentiment as a stand alone idea.
What I don't get is what has happened to the $70m that CVN was free carried for Pheonix? Can't see this in the accounts anywhere, also there is no value to the $70m they have banked for ROC either?
Ann: Half Year Financial Report, page-9
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Last
16.3¢ |
Change
-0.003(1.52%) |
Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 15.5¢ | $432.2K | 2.694M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1093312 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 1312748 | 19 |
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| Last trade - 13.16pm 29/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |