CVN 0.00% 15.5¢ 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
15.5¢
Change
0.000(0.00%)
Mkt cap ! $277.3M
Open High Low Value Volume
15.5¢ 15.5¢ 15.0¢ $73.95K 478.3K

Buyers (Bids)

No. Vol. Price($)
6 396185 15.0¢
 

Sellers (Offers)

Price($) Vol. No.
15.5¢ 755790 5
View Market Depth
Last trade - 16.10pm 20/09/2024 (20 minute delay) ?
CVN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.