Think the next likely news will be a very big March quarterly report, which going on past Q report patterns will be ASX posted within the next 21 days, in which hopefully we see not only what HAS happened during the last 3 months, but of much more importance what is PLANNED for the rest of the year bearing in mind Quadrant has the NTP on firm contract until Dec 31st, and can't believe this date cannot be extended or another suitable rig quickly found given how many rigs lie idle, in other words we may see an extended period of drilling with one caveat which has to be that CVN is able to arrange being free carried under reasonable farm out conditions, with the ultimate near term goal being gas/oil being profitably supplied to a ready market.
That course should really propel CVN's share price, especially if the price of gas and oil has now bottomed--for this move.
Ann: Investor Presentation, page-68
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Last
14.5¢ |
Change
-0.005(3.33%) |
Mkt cap ! $259.4M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.5¢ | $260.6K | 1.776M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 1647050 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 408931 | 6 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| CVN (ASX) Chart |