So CVN sells Thai assets and becomes a 100M cash box with a "potentially" really big find.
The "find" is not as yet deemed commercial and today's announcement is a big disappointment.
What seems to be panning out as the real CVN focus - Roc - free carried - but 6 months away.
If a WPL takeover is really on the cards Adrian is going to be heralded a genius if an offer is above 30c or a pariah if the offer is 20% above today's SP.
Peter Coleman @ Woodside is pretty conservative and IMO focused on Apache not CVN right about now. Do you really see him doing a take over offer 100%++ above today's CVN SP?
Market is crap & POO is down.
CVN is hardly controlling the "game".. Fasten your seat belts.. we are in for a long wait & a pretty turbulent ride.
So CVN sells Thai assets and becomes a 100M cash box with a...
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Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $259.4M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.5¢ | $151.0K | 1.023M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1313406 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 1004797 | 12 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| CVN (ASX) Chart |