phmforlove,
A good day to buy in as a new holder. Today's ann with the March 1/4 production value of 1,222 bopd nett to CVN is equivalent to just under half mmbls per annum.
CVN in March reserves ann. is estimating per annum production of 1 to 1.5mmbls which is 2,740 bopd to 4,110 bopd.
Obviously todays figures hurt the SP.
So much value of CVN is already "behind the drill bit" with reserves at 45 cents per share. It means no premium being paid for possible opportunity "ahead of the drill bit", and what it has you have purchased at a discount.
blinkers off, page-6
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Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.3¢ | 15.5¢ | $53.08K | 332.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 122580 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 2247169 | 22 |
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| Last trade - 11.27am 06/11/2024 (20 minute delay) ? |
| CVN (ASX) Chart |