We need to ask what ADNOC's real goal is.
I suspect it's the LNG assets (Qld CSG, Barossa and PNG etc).
A deal with FIRB might include "we'll spin out to market" the domestic assets - Cooper Basin, non-LNG NWS and non-producing assets and exploration tenements. They get what they want and domestic assets remain in Aust hands.
Question is - is that better for CVN?
mutineer
We need to ask what ADNOC's real goal is. I suspect it's the LNG...
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 (20min delay)
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $214.6M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 11.5¢ | $517.4K | 4.317M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 101308 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 1829279 | 11 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| CVN (ASX) Chart |