Retail holders in ADV expect success with B10 would lift the sp to circa 18p. MC of circa $175m quidThat's at $75 oil. Do the sums.Would Buffalo oil lead to Shorty's capitulation? I think he still has around 15 m shares to play with. That's on top of the 38 m he's shorted atm
A good outcome - IMO - would be 50c as CVN is significantly de-risked
Followed not long thereafter by a T/O offer @ 75cYou may say I'm a dreamer - but I'm not the only one.
Luv yus all
Retail holders in ADV expect success with B10 would lift the sp...
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $330.6M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 18.5¢ | $683.0K | 3.642M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 1534815 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 338152 | 6 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
18.8¢ |
Change
-0.005 ( 0.05 %) |
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| Open | High | Low | Volume | ||
| 18.8¢ | 19.0¢ | 18.5¢ | 2404632 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| CVN (ASX) Chart |