Fat prophets. Buy recomendation. Currently value cvn at 45c, on its current reserve value alone.ie $300 million valuation....with significant upside, and 2 well results due in the next 2 weeks. With a hit rate of better than 50% its looking good.
cheers.
45c valuation
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Last
20.3¢ |
Change
-0.003(1.22%) |
Mkt cap ! $357.7M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 20.0¢ | $156.1K | 763.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 1710970 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 1065723 | 17 |
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| Last trade - 12.36pm 24/06/2024 (20 minute delay) ? |
| CVN (ASX) Chart |