CVN carnarvon energy limited

The more the SP falls to the post CR price the higher the upside...

  1. 20,749 Posts.
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    The more the SP falls to the post CR price the higher the upside because all the value of the business is retained .

    speaking to company lot long ago .. there are two kind of suitors here
    1. ones that want the cash as O and G lending is increasingly difficult , and like the assets in the current form
    2 those interested in the oil assets and associated carry and losses . This group more likely to big ex return where a 100% premium is only 120m and 150% pays for carry and 15m for all the oil assets.

    now holding 2.4 m shares - target 3 m -3.5 m

 
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(20min delay)
Last
11.0¢
Change
0.005(4.76%)
Mkt cap ! $196.7M
Open High Low Value Volume
10.5¢ 11.5¢ 10.5¢ $466.9K 4.303M

Buyers (Bids)

No. Vol. Price($)
12 1379969 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 698826 16
View Market Depth
Last trade - 11.50am 16/06/2025 (20 minute delay) ?
CVN (ASX) Chart
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