should also be around now reporting on well or two drilled and testing.
The persistant selling is interesting, as we have seen the worst of the "shocks" and oil is still above $65, so can only hold in a range 65 to 75 while waiting for demand improvements. So oil at bottom of range and will most likely step up to 70's again on no news over next week.
We have burnt all the good news from the reserves increase and new fields finds with our retrace to 53. I am wondering what these guys need to do to get market on the long side???
I thought I had given up on trying to analyse the trading in cvn, but apparantly I am still at it!!!
I am close to cashing in my winnings and moving on, but I find the potential of this one tantalisingly close.
gap, page-15
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $295.1M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.0¢ | $636.5K | 3.866M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 624083 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 745415 | 12 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| CVN (ASX) Chart |