CVN 2.44% 20.0¢ carnarvon energy limited

So i've just seen that Goldman Sachs have attributed an unrisked...

  1. 343 Posts.
    lightbulb Created with Sketch. 23
    So i've just seen that Goldman Sachs have attributed an unrisked valuation of the Bedout Assets of $AU 0.7/share to Santos's share price. GS have used CVN 2C numbers and an $EV/boe as basis for valuation. Note - it looks like Exxon's purchase of Interoil was based on an $EV/boe of 5.68...Seems like CVN's valuation based on $EV/boe for Bedout Basin assets is $AU 0.44 cents/share. Am i missing something? I've pasted below.

    https://hotcopper.com.au/data/attachments/1697/1697541-906af2fa70f04694ab07f6252ee74562.jpg
    Last edited by TheDerivative: 23/08/19
 
watchlist Created with Sketch. Add CVN (ASX) to my watchlist
(20min delay)
Last
20.0¢
Change
-0.005(2.44%)
Mkt cap ! $357.7M
Open High Low Value Volume
20.5¢ 20.5¢ 20.0¢ $429.0K 2.136M

Buyers (Bids)

No. Vol. Price($)
6 244630 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.5¢ 293865 5
View Market Depth
Last trade - 16.10pm 20/06/2024 (20 minute delay) ?
CVN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.