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5.95%

22.3¢ carnarvon energy limited

CVN Shareprice Action, page-370

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Garry & Sarah

462 Posts.

55

03/03/21

13:29

Post #: 51483563
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Originally posted by ohyeah76: ↑

it worked.

i like this part... "Net cost to CVN is less than $20m based upon prior campaigns;"that still leaves $80m-$85m in cash.

assuming Advance can raise their $20m for buffalo... that makes CVN's net exposure of $20m for 3 drills in the next 12 months... and if the oil gods are smiling on CVN and we hit the expected targets in each of the 3 areas (buffalo, apus, pavo) thats a $20m spend for a potential $700m increase in share price at the 80c target.

i have to ask myself, with that upcoming drilling schedule, and a previous success rate of 8 from 9 drills... would i be sitting comfortably if i was a shorter...

looking forward to the next 12 months and calling our old high of 69c our new bottom.

Expand

shorts down again today at approx 44,026,000 ...bye bye shorters...

CVN Price at posting: 27.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 22.3¢		Change 0.013(5.95%)		Mkt cap ! $393.5M

Open	High	Low	Value	Volume
21.0¢	22.5¢	21.0¢	$2.577M	11.68M

Buyers (Bids)

No.	Vol.	Price($)
19	684395	22.0¢

Sellers (Offers)

Price($)	Vol.	No.
22.5¢	806065	12

View Market Depth

No.	Vol.	Price($)
16	425395	0.220
17	618791	0.215
25	1471259	0.210
8	1265037	0.205
14	1497890	0.200

Price($)	Vol.	No.
0.225	291874	9
0.230	2111539	27
0.235	442350	9
0.240	587117	11
0.245	369548	5

Last trade - 12.09pm 14/05/2024 (20 minute delay)


Last 22.0¢			Change 0.013 ( 4.76 %)
Open	High		Low	Volume
21.0¢	22.5¢		21.0¢	5843228
Last updated 12.34pm 14/05/2024 ?

CVN (ASX) Chart

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