"CVN is trading on an EV/2P reserve ratio of ~$17 per barrel, which will reduce to ~$14 per barrel once the reserves are booked. We view this as a significant catalyst for the share price". Hartley's 15/0210
something tells me that this assumption has gone amiss. As EL pointed out, will the updated reserves be what was anticapted? (16.6 million barrels to 21-24 million barrels)
Ann: Half Yearly Report and Accounts , page-17
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15.0¢ |
Change
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Mkt cap ! $268.3M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 14.5¢ | $197.1K | 1.315M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 978579 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 160943 | 2 |
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| CVN (ASX) Chart |