A poor day on the market / a massive over reaction in regards to the CVN announcement & panic sell down / a great day to get back in to buy some more stock at these prices.
Just remember :
1. Theres a lot more drilling to go in areas where oil flows have already been proven as well as new areas.
2. The drill success rate so far has been wonderful.
3. They have more oil than they can transport at the moment (wish I had that issue).
I still reckon that 20,000 barrels + is easily achievable this year.
bad day
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Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $348.8M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.5¢ | $386.1K | 1.979M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 425882 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 256926 | 7 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CVN (ASX) Chart |