CVN 2.50% 20.5¢ carnarvon energy limited

EV of discovery just

  1. 76 Posts.
    lightbulb Created with Sketch. 1
    I am wondering, if this is really such a massive discovery. Who would sell here?

    CVN has 987 million shares OS, giving it a marketcap of about 175 million AUS$

    CVN has

    Cash and recievables: 85 milllion
    Thai producing assets: 70 million (fair value based on sales transaction of half their interest)
    Other AUS permits and royalty rights: 15 million (beeing very conservative here)

    Total, excluding Phönix/Roc: 170 million

    So where is the Enterprise value for this Discovery.
    What am i missing???
 
watchlist Created with Sketch. Add CVN (ASX) to my watchlist
(20min delay)
Last
20.5¢
Change
0.005(2.50%)
Mkt cap ! $366.6M
Open High Low Value Volume
20.0¢ 20.5¢ 20.0¢ $724.4K 3.558M

Buyers (Bids)

No. Vol. Price($)
6 279612 20.0¢
 

Sellers (Offers)

Price($) Vol. No.
20.5¢ 485773 5
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
CVN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.