Its fine for the Company to talk about what it has discovered and what may discover ...... but ultimately, investors are looking for income through dividends that come from profits through production.
CVN are not producing and are very unlikely to ever do so .......... therefore the SP remains at the levels we see today. Cast your mind back to all the discoveries they have announced ... and yet the SP is still below 9c!!!
Ann: Quarterly Cashflow Report, page-30
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Last
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $304.1M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 16.5¢ | $52.99K | 316.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 374105 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 699657 | 22 |
View Market Depth
| Last trade - 14.46pm 11/10/2024 (20 minute delay) ? |
| CVN (ASX) Chart |