Another relevant line of thought is, how long is acceptable for this project. Hypothetically, if STO decide to shelve the Dorado project indefinitely next year when FID is due, what then ? That would make at least the last 3 years of inactivity, just waiting. This is the real risk here, time. Of course the company will always talk up the positive side but they don't appear to have plan B. CVN are a victim of circumstances which are mostly out of their control but they don't appear to be proactive considering the risks. Just my thoughts .........
Ann: Change in substantial holding - Nero and Collins St, page-66
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $277.3M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.8¢ | 15.5¢ | $319.4K | 2.060M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 231064 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 1236557 | 29 |
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| Last trade - 15.51pm 03/09/2024 (20 minute delay) ? |
| CVN (ASX) Chart |