I don’t know, but CVN have set the bar based on the last employee SPP, which saw options for $0.69cps. Since then, the main thing that has changed is:
(a) Buffalo partner (50% equity lost); and
(b) Santos wanting to offload 20-30% of Dorado.
Everything else, FEED, drilling announcements, etc. are all noise. I think the risk profile for CVN is improving, and makes a $0.69cps valuation more likely. If CVN is successful with Apus and Pavo, then all bets are off abd $1cps+ might be on the cards.just my opinion, long term holder/believer
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Last
17.0¢ |
Change
-0.005(2.86%) |
Mkt cap ! $304.1M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 16.8¢ | $665.9K | 3.894M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 586060 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 734604 | 6 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| CVN (ASX) Chart |