Phil,
You are right that none of them have CVNs cash position, they all have net debt, and generally find DAX and/or reserves replacement a burden. Acreage not the issue.
However XEJ and blue chips,eg WPL,STO,ORG treading water, or going backwards also.
Market simply not looking at individual stories this week, instead following a few words fron Kloppers, plus the BRI looking like bilks are moving again. As a result this was a metals week.
I am still hoping for 29 as I timidly accumulate in small parcels, but switching attention elsewhere - these should sit in the bottom drawer with little attention this time.
EL
Phil,You are right that none of them have CVNs cash position,...
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Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $357.7M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 20.0¢ | $377.2K | 1.884M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 517767 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 944125 | 15 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |