CVN CEO newsletter received confirming the above.
IMO that leaves current shareholders in an interesting situation given we are hold a minority stake in this section of the NW shelf, so: Are we to be taken out as well for cash leaving us able to pursue the parts of the NW shelf that we own 100%----with an even bigger cash balance---or will we sit pat with our 20% stake with a large cash balance and await events?
As a CVN shareholder am wondering what the end owners of Quadrant Energy----Macquarie and Brookfield Asset Management intend doing with this part of their portfolio ????
BTW: Neither Nippon nor Finder have to report to the ASX since neither are ASX based so far as I can tell.
Finder to Quadrant, page-48
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Last
17.0¢ |
Change
0.010(6.25%) |
Mkt cap ! $304.1M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 17.0¢ | 16.0¢ | $444.3K | 2.744M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1419150 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 332273 | 6 |
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| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| CVN (ASX) Chart |