Maybe. Or maybe they just want more bidders to maximize the price. Or maybe they're stalling until FID.
Remember what Cook (CVN CEO at the time) said then:
One could interpret that to mean CPC wanted more than 10%.
CPC paid USD145M, which valued CVN's share of just Bedout at $0.25. With the passage of time, strength in the oil price, and some favourable rulings on Native Title challenges, I think it is worth more now.
Maybe. Or maybe they just want more bidders to maximize the...
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Last
16.8¢ |
Change
-0.003(1.47%) |
Mkt cap ! $299.6M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 16.5¢ | $202.3K | 1.191M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 420715 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 451644 | 9 |
View Market Depth
| Last trade - 15.36pm 09/10/2024 (20 minute delay) ? |
| CVN (ASX) Chart |