Indeed... Buffalo as it is currently reported represents a no-lose opportunity for CVN : Advance puts up the risked capital and development costs, CVN and Advance share the production $ proceeds equally.. (after costs are recovered, and assuming Advance takes up all of its 50%).. Means that along with some debt funding being offered, CVN is unlikely to undergo much (?or any?) dilution by capital raise to fund Dorado. Means that index and other funds will be forced to buy into CVN on-market to establish their slice of the action, rather than relying on book-build from cheap equity via discounted capital-raise shares.... AND the shorters will continue to burn!
Indeed... Buffalo as it is currently reported represents a...
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $330.6M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 18.5¢ | $683.0K | 3.642M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 1534815 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 338152 | 6 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
18.8¢ |
Change
-0.005 ( 0.05 %) |
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| Open | High | Low | Volume | ||
| 18.8¢ | 19.0¢ | 18.5¢ | 2404632 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| CVN (ASX) Chart |