Imo..With a looming credit crunch towards end of this year then into 2024, (caused by high interest rates= less lending) many mid-cap o&g companies will be looking to shore up their balance sheets with cap raises, or..(Why cap raise with no upside?)Instead, CVNs liquidity position(~$300m)wiil be the perfect catalyst for a takeover target for them. ..especially when Fid is announced next year (less risk)and Dorado has plentiful upside.
Imo, they will be re-rated to ~27c and upwards once FID is announced because of this.CVNs liquidity position next year will be far Too Compelling to be overlooked!!
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $277.3M |
Open | High | Low | Value | Volume |
15.0¢ | 15.5¢ | 15.0¢ | $99.67K | 646.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 256723 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 1330643 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 256723 | 0.150 |
13 | 781195 | 0.145 |
8 | 592228 | 0.140 |
2 | 437000 | 0.135 |
4 | 506730 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 1027802 | 11 |
0.160 | 944930 | 12 |
0.165 | 369060 | 8 |
0.170 | 1218942 | 16 |
0.175 | 983893 | 9 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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