Sandstone, before you plough your cash into FAR think about this.
CVN has less than 1b shares.
After FAR's raise they will have 4.6b shares.
We also even after their raise have more cash with ongoing payments from the old Thai asset.
Here's a sobering thought.
If CVN had 4,6b shares on issue our market cap would be larger than FAR.
Our assets are only 150k offshore which is close to infrastructure.
Senegal may as well be in Timbuctoo in regards to infrastructure so will be costly to develop.
CVN are also not a one trick pony with some drill ready prospects.
Just a few things to consider.
Sandstone, before you plough your cash into FAR think about...
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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 |