The biggest stumbling block for CVN is the 600million odd shares on issue.
Unfortunately when you spread their cash and potential cash flow among so many shares they're actually priced about right.
Sure they have limited downside because of no debt and cash on hand, low production costs etc but it remains there are 600 million shares to share the spoils.
hartleys 12 month target, page-6
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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¢ | 14.5¢ | $177.7K | 1.188M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 741741 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 2541472 | 13 |
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| Last trade - 13.56pm 08/08/2024 (20 minute delay) ? |
| CVN (ASX) Chart |