CVN 2.44% 20.0¢ carnarvon energy limited

when will the selling end, page-4

  1. SCD
    3,438 Posts.
    It is my understanding (i will double check when i have a moment) that cvn is receivingg 30 per cent less than West Texas spot - say $100.

    Then subtract royalties, taxes, costs, etc and profit equals approx $30 bopd

    Now, multiply $30 x 6000 bopd x 365 days and the net profit looks something like $65M per annum on revenue of $219M.

 
watchlist Created with Sketch. Add CVN (ASX) to my watchlist
(20min delay)
Last
20.0¢
Change
-0.005(2.44%)
Mkt cap ! $357.7M
Open High Low Value Volume
20.0¢ 20.5¢ 20.0¢ $377.2K 1.884M

Buyers (Bids)

No. Vol. Price($)
8 517767 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.5¢ 944125 15
View Market Depth
Last trade - 16.10pm 04/07/2024 (20 minute delay) ?
CVN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.