John,
The thing for me is that it's not just the oil story to watch, it's also the sp and overall market story.
We've had a phenomenal market recovery, plus we know stocks like CVN have wild swings on sentiment. If I buy anything at the moment it is on my ML, and I want to be sure whatever it is will recover robustly and promptly from the next market correction.
I can see a possibility that belief in the story keeps the sp at current levels, or even a surge into the 70's on some new deals, however a pullback in the poo or the market, or nothing much but more prdn decline to report next Q and we could briefly see under 50 imho. If I was in I wouldn't be selling atm, however being out makes for a different story.
EL
John,The thing for me is that it's not just the oil story to...
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Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $295.1M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.5¢ | 15.5¢ | $556.2K | 3.435M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 271853 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 468186 | 5 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |