i just had a read around and here are some quotes .
Robin Griffiths,tech strategist at Cazenove Capital told CNBC."charts predict oil to whip back up to $100 US".
"quite a decent bounce is likely to come" and "the downtrend has come to an end"
I think we will see a more realistic oil price in the next 12 mths ,something closer to $100 and maybe much higher on any sort of recovery.I also think that to transform the modern worlds energy dependance from oil to a greener alternative wont happen overnight(20 to 40 yrs) but will hopefully happen before that last drop is gone. it going to be a balanceing act and CVN seems well placed once these prices start northward.
i just had a read around and here are some quotes . Robin...
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Last
15.0¢ |
Change
0.010(7.14%) |
Mkt cap ! $268.3M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.0¢ | 14.0¢ | $155.3K | 1.059M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 530233 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 440281 | 13 |
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| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| CVN (ASX) Chart |