I have been keeping an eye on CVN for years. On face value, relative to it's historic price it's seems cheap, however my concern is the current production ( of lower priced oil) plus shares on issue may mean this is fair value. I guess my question is there seems to be a disconnect between reserves and production.
Peoples thoughts appreciated.
reserves and production
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Last
20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $366.6M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 19.8¢ | $659.9K | 3.254M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 533499 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 539433 | 9 |
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| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| CVN (ASX) Chart |