Windsor,
Yes all taken over, or at least lost control, eg NZO&CUE. All arguably taken over as failures. CVN is not at this stage a failure.
Yes the odds on CVN lasting another couple of decades is low, but historical record isn’t against it lasting another 5 years or a decade by which stage is can be worth a hell of a lot more and by which time investors can better judge whether it’s management merits independence. There’s a time to fold and a time to fold.
In ten or twenty years investors may well be folding on the whole oil and gas sector, may be even earlier for oil.
EL
Asx200, page-142
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $295.1M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.0¢ | $636.5K | 3.866M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 624083 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 745415 | 12 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| CVN (ASX) Chart |