CVN 0.00% 20.0¢ carnarvon energy limited

CVN SWOTstrengthsdecent cash balanceprudent managementbig asset...

  1. 472 Posts.
    lightbulb Created with Sketch. 73
    CVN SWOT

    strengths
    decent cash balance
    prudent management
    big asset in safe jurisdiction

    weakness
    small cap which curtails institutional interest

    opportunity
    this shakeout of capacity. goodbye US shale etc should mean in the medium term oil price is much higher as supply will be lower

    threat
    takeover spectre is removed as predators go into survival mode
    credit markets seize up meaning we can't raise debt to fund dorado
    we drop out of ASX300 leading to wholesale selling by index funds
    Last edited by Rossco42: 09/03/20
 
watchlist Created with Sketch. Add CVN (ASX) to my watchlist
(20min delay)
Last
20.0¢
Change
0.000(0.00%)
Mkt cap ! $357.7M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 61904 21.0¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 7482 1
View Market Depth
Last trade - 09.43am 25/06/2024 (20 minute delay) ?
CVN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.