CVN 3.13% 16.5¢ carnarvon energy limited

Oppie, that is exactly the point, most of the fields that have...

  1. 688 Posts.
    Oppie, that is exactly the point, most of the fields that have been producing for 10 to 20 years are declining, at even faster rates as world demand has grown.

    It has been a good couple of days with modest rises, cvn is so far undervalued it is astonishing. We are back to values from a year ago, when production was a couple hundred barrels.

    We do not want a takeover, we want more production, bigger reserves, and good cashflow. We will get these things, and the sp will slowly come to reflect this.

    Remember, there are not too many cashed up, debt free, low production/exploration cost oilers with 18 odd wells coming online in next 6 months!!!

    cheers

    Steve
 
watchlist Created with Sketch. Add CVN (ASX) to my watchlist
(20min delay)
Last
16.5¢
Change
0.005(3.13%)
Mkt cap ! $295.1M
Open High Low Value Volume
15.5¢ 16.5¢ 15.5¢ $556.2K 3.435M

Buyers (Bids)

No. Vol. Price($)
2 271853 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 468186 5
View Market Depth
Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
CVN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.