Merger with WDS would have provided balance sheet leverage for Dorado to move ahead more quickly. Only news to ignite SP will be more hole digging which I believe should occur once a drilling rig is found. Bedout drilling success has been phenomenal to date so I can't see to many dry holes. What I did like from the STO Youtube video was Gallagher's frustrated comment (tongue in cheek) that when looking for gas they found oil and vice versa. Maybe they should target gas potential site and hopefully find more oil. I still think CVN's share price is cheap but opportunity cost (dividends from other stocks or just putting it in the bank) means NPV of share is lowered. Very frustrating but like many here I'm too emotionally invested to just sell in frustration. It's still a buy but I'm targeting lower levels to buy more. I see no rush to buy.
A look at our new Management, page-55
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Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $348.8M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.5¢ | $80.01K | 402.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 1576649 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 319098 | 7 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |