CVN 0.00% 16.0¢ carnarvon energy limited

How can a company that has 35Mill in the bank is producing...

  1. 356 Posts.
    How can a company that has 35Mill in the bank is producing 4000bopd be selling for 35cents

    It defies all logic and reason .

    Can you believe it.

    This surely must be classed as a MID tier producer by now as opposed to a junior or just an explorer ??

    Can someone fill me in as to when a company becomes MID tier as opposed to a junior ?

    I am flabergastedly confused ???
 
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15.5¢ 16.0¢ 15.5¢ $93.18K 583.2K

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5 354802 15.5¢
 

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Price($) Vol. No.
16.0¢ 55498 2
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