There is No chance a Takeover would happen at AU$500 Million..No way at all..way too cheap IMO...
The Intrinsic Valuation for CVN's Oil and Gas reserves in insitue equate to more than AU$2Billion Market Cap with a Share Price Valuation of AU$0.80 cent's to AU$1.00 right Now...
CVN has now got the Green Light on all the government approvals ( The Australian Government knows that it
Can Not Complete a successful transition to a
Green Energy Economy without a 20 year Plan commitment and using Australian based Oil and Gas supply chain .
The government has realised it needs to support our struggling consumers sector of Australian Mining industry, Business and Household's with an adequate oil and gas supply , until we have a Green Energy Economy infrastructure up and running without oil and Gas dependence.
DYOR
GLTALSH
256lith
Ann: STO: Dorado regulatory approval, page-67
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Last
17.0¢ |
Change
0.010(6.25%) |
Mkt cap ! $304.1M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 17.0¢ | 15.5¢ | $627.4K | 3.817M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 306000 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 374569 | 7 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| CVN (ASX) Chart |