We need to ask what ADNOC's real goal is.
I suspect it's the LNG assets (Qld CSG, Barossa and PNG etc).
A deal with FIRB might include "we'll spin out to market" the domestic assets - Cooper Basin, non-LNG NWS and non-producing assets and exploration tenements. They get what they want and domestic assets remain in Aust hands.
Question is - is that better for CVN?
mutineer
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $210.2M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.8¢ | 11.5¢ | $199.8K | 1.722M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 1212866 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 937993 | 13 |
View Market Depth
| Last trade - 13.49pm 18/06/2025 (20 minute delay) ? |
| CVN (ASX) Chart |