CVN carnarvon energy limited

Is a Share Buyback Worthwhile?

  1. 1,340 Posts.
    lightbulb Created with Sketch. 391
    Just putting this out there for discussion. If Nero etc and SHs believe CVN is worth way more than the current SP would an on market share buyback be worth considering? If the real target of a TO is Dorado/Pavo and upside from further exploration (not inconsiderable I believe) would the considerable cash balances be better served now buying back shares? Maybe some of the stash could be held back for more exploration just in case. It should enhance the SP as we wait for bidders to come forward. It may even bring forward any bidders' interests if they see the cash as a plus.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
10.5¢
Change
0.007(7.14%)
Mkt cap ! $187.8M
Open High Low Value Volume
10.0¢ 10.5¢ 9.9¢ $203.9K 2.041M

Buyers (Bids)

No. Vol. Price($)
2 102451 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 5384107 28
View Market Depth
Last trade - 16.10pm 12/09/2025 (20 minute delay) ?
CVN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.