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.
Just putting this out there for discussion. If Nero etc and SHs...
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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 |