Pump and dump. Initial results were good for onshore but these wells in Thailand dropped off quickly with production. Got to remember we were targeting volcanics which behave like unconventional shales. Production drops off and you need to reinvest in new wells to maintain production. Once well costs, royalties and other overheads were accounted for not much or nothing ended up in the accounts in Australia. Hence the move to sell out once reserves were established.
- Forums
- ASX - By Stock
- CVN
- Anyone Remember Why CVN was $2.40 in 1994?
Anyone Remember Why CVN was $2.40 in 1994?, page-4
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CVN (ASX) to my watchlist
(20min delay)
|
|||||
Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $277.3M |
Open | High | Low | Value | Volume |
15.0¢ | 15.5¢ | 15.0¢ | $76.03K | 497.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 639604 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 2433421 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
23 | 640017 | 0.150 |
21 | 816240 | 0.145 |
13 | 601277 | 0.140 |
11 | 547202 | 0.135 |
15 | 700260 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 2434164 | 12 |
0.160 | 1110482 | 17 |
0.165 | 407629 | 9 |
0.170 | 1590829 | 18 |
0.175 | 907727 | 13 |
Last trade - 15.00pm 07/08/2024 (20 minute delay) ? |
Featured News
CVN (ASX) Chart |