CVN 3.13% 16.5¢ carnarvon energy limited

The new Gas and oil targets in the Bedout sub-basin have really...

  1. 92 Posts.
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    The new Gas and oil targets in the Bedout sub-basin have really shown the tremendous potential ahead in the Dorado / Pavo permits and the superb value this company CVN provides as a ' Takeover' target while Santos are also considering selling a slice.

    We know the Korean company 'KNOC' are having a look now.
    Who else may suddenly pay attention in light of so many nearby targets?
    Maybe it becomes big enough for even the new 'Giant' Woodside to consider.


    I see 5 brokers recommend this as a strong buy.

    Morningstar 43 c - fair value
    Euroz still 85 c under review.

    In addition

    The company mentioned in their update of September 27 , 2022 that they were pursuing opportunities that may create cash flow well before Dorado / Pavo production.

    In the short term this could also provide a healthy uptick in the share price.

    Maybe above 25 c.

    I wonder what targets may provide such immediate cash flow ?
 
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Last
16.5¢
Change
0.005(3.13%)
Mkt cap ! $295.1M
Open High Low Value Volume
15.5¢ 16.5¢ 15.5¢ $556.2K 3.435M

Buyers (Bids)

No. Vol. Price($)
2 271853 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 468186 5
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Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
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