Sure CVN has had a recent big run up in its SP so it was due to come off somewhat.
I think it may head back up after forming a base near the 60c mark as the recent production issues they have had has been priced in.
As with any small player in the oil & gas exploration sector, you need to be mindful that any company can have bad or good patches but I think CVN is a well run small player with good potential as it has good cash flow/ capital and is a low cost producer.
Each to their own with what you are comfortable in investing in but im a holder also.
Just my 2cs worth.
hey ted!, page-9
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $295.1M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 16.3¢ | $887.4K | 5.384M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 286883 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 40386 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| CVN (ASX) Chart |