imo talk of $1 is premature, it would give CVN a larger market cap than POE. Maybe a big result for L44H-D2 will get us closer.
Even at 71c I make the ratio 46% CVN to 54% POE so feels like CVN is a little ahead of itself.
They don't have to sit at 40/60 but it does give a rough indication of how the 2 sets of investors are valuing the same asset.
The thing I'm most interested in is if they can complete the 200m horizontal in NS3-D1 ST and how the flow rate will compare to NS3-D1 (initially 434 bopd). This should give us an indication of what to expect from the upcoming horizontal wells.
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imo talk of $1 is premature, it would give CVN a larger market...
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15.3¢ |
Change
0.003(1.67%) |
Mkt cap ! $268.3M |
Open | High | Low | Value | Volume |
15.0¢ | 15.5¢ | 14.8¢ | $238.8K | 1.590M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 225101 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 689217 | 18 |
View Market Depth
No. | Vol. | Price($) |
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26 | 1315570 | 0.145 |
12 | 644284 | 0.140 |
6 | 518999 | 0.135 |
8 | 481100 | 0.130 |
5 | 87150 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 439162 | 13 |
0.155 | 675256 | 15 |
0.160 | 1155440 | 20 |
0.165 | 272768 | 9 |
0.170 | 842741 | 15 |
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