Even if they hand back the cash , they will still be cashed backed at lower price and have all the value of oil , free carry and tax losses
If they do do capital return I will use half my capital return to double up . I would value the business post cash distribution around 12c -14c so huge upside . Even a 8c take over would result in 100% upside
Even if they hand back the cash , they will still be cashed...
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Last
11.5¢ |
Change
0.010(9.52%) |
Mkt cap ! $205.7M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.5¢ | 10.5¢ | $595.7K | 5.450M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1053411 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 847340 | 14 |
View Market Depth
| Last trade - 12.44pm 16/06/2025 (20 minute delay) ? |
| CVN (ASX) Chart |