I can see a surprising spike coming for oil, don't ask me how long this might take to happen. One of the reasons for the slow down in US production is the low returns on investment money. From now on investment money is more interested in low risk , high return and easy to develop resources. Forget marginal fields with country risk (Africa, PNG ect) , costly deep water developments will become less and less attractive for financiers . Doom merchants are predicting he demise of fossil fuels way too soon IMO. What does this mean for CVN well firstly Dorado ticks all the attractive investment requirements. Buffalo again IMO is being overlooked by the market, with 100%ownership and what looks about as certain as one can get in the oil/gas game it should be of great value to CVN.
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Buffalo update needed., page-4
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Last
19.0¢ |
Change
-0.005(2.56%) |
Mkt cap ! $339.9M |
Open | High | Low | Value | Volume |
20.0¢ | 20.0¢ | 19.0¢ | $801.7K | 4.134M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 1776385 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 114832 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 1069385 | 0.190 |
16 | 2134901 | 0.185 |
9 | 822672 | 0.180 |
5 | 282022 | 0.175 |
4 | 310500 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 114832 | 3 |
0.200 | 828315 | 12 |
0.205 | 720721 | 11 |
0.210 | 770536 | 16 |
0.215 | 376747 | 7 |
Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
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CVN (ASX) Chart |