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
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.8¢ | 15.8¢ | $1.111M | 6.869M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 2236897 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 1554760 | 6 |
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| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |