Not sure how people can complain about this, they've replaced the CEO with someone internal and are paying him 20% less.
I for one would prefer to own it cheaper (and increase the margin of safety/returns); I'm also assuming the process will take longer than many hope for, so boredom, oil price fluctuations and tax-season selling may see it drift lower which is what I'm waiting for (it may not happen and perhaps I miss this particular boat). But it seems like there's a lot of people here dreaming that CVN will somehow get this to production on their own with STO. Hardly going to happen - looks like the best way to realise value from these prices is via a sale.
New management have done exactly what they said they were going to do.
Not sure how people can complain about this, they've replaced...
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Last
19.5¢ |
Change
0.005(2.63%) |
Mkt cap ! $339.6M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 19.5¢ | 19.5¢ | $18.08K | 92.74K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 2630555 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 1729080 | 14 |
View Market Depth
| Last trade - 10.02am 07/05/2024 (20 minute delay) ? |
| CVN (ASX) Chart |