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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CVN
carnarvon energy limited
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4.35%
!
11.0¢

The more the SP falls to the post CR price the higher the upside...
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Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $196.7M |
Open | High | Low | Value | Volume |
11.5¢ | 11.5¢ | 11.0¢ | $81.68K | 722.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 1683086 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 1322452 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 1683086 | 0.110 |
27 | 2944650 | 0.105 |
59 | 4973642 | 0.100 |
4 | 50282 | 0.099 |
1 | 10200 | 0.098 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 1322452 | 20 |
0.120 | 1846353 | 13 |
0.125 | 315336 | 8 |
0.130 | 322611 | 6 |
0.135 | 141835 | 5 |
Last trade - 11.49am 17/06/2025 (20 minute delay) ? |
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RC1
REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
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