EL
If only oil exploration and development followed a set script!!!
If it did we would all be filthy rich and drinking cocktails on our own private island.
The CVN story (script) is at least 15+ years away from revealing (an indication of) its actual depth. The reality is that turnover is of no value to CVN shareholders, only the real "profit numbers" and oil in the ground numbers add to real CVN shareholder value.
All the talk of barrels per day are just day trader fodder for the uninformed speculators. Funny thing is I see many stocks with promises, fanfare and a growing SP, yet behind all the smoke and mirrors is nothing. Unfortunately many shareholders buying into such will find themselves without a chair when the music finally stops (discovery of a bare cupboard).
CVN obviously has plenty in their cupboards, its just not a 10 min job to empty them and discover exactly how much they really do have. CVN is definitely not a stock for the day by day speculators. Such gamblers need far more smoke and mirrors to assure them of getting a return.
Going along nicely and at 0.60c IMO it is pretty well spot on the market condition pricing.
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Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $348.8M |
Open | High | Low | Value | Volume |
19.5¢ | 20.0¢ | 19.5¢ | $386.1K | 1.979M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 425882 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 256926 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 375882 | 0.195 |
12 | 759750 | 0.190 |
14 | 2696117 | 0.185 |
5 | 800000 | 0.180 |
5 | 327022 | 0.175 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 256926 | 7 |
0.205 | 403228 | 9 |
0.210 | 910200 | 15 |
0.215 | 539005 | 7 |
0.220 | 1709761 | 17 |
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