CVN 0.00% 16.5¢ carnarvon energy limited

Can anyone tell why CVN Mc below its cash reserve is that mean...

  1. 226 Posts.
    lightbulb Created with Sketch. 8
    Can anyone tell why CVN Mc below its cash reserve is that mean their oil assets are worth nothing?
    attempt to understand the value of CVN before jump in.
 
watchlist Created with Sketch. Add CVN (ASX) to my watchlist
(20min delay)
Last
16.5¢
Change
0.000(0.00%)
Mkt cap ! $295.1M
Open High Low Value Volume
16.0¢ 16.5¢ 15.5¢ $478.3K 3.010M

Buyers (Bids)

No. Vol. Price($)
1 6210 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 482885 6
View Market Depth
Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
CVN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.