maurs,
it hit 69c... why didn't you sell at 50c on the way down?
i'd guess because you were waiting for the story to play out to production... and with 3 drills in the next 12 months, the potential to increase reserves is very real... but the share price is 25c frustration starts to breed.
the share price could be higher than 69c after the upcoming drills, not to mention dorado FID... would you still be happy with 50c?
of course they could all be dusters, the FID comes back a no go... and 50c would be a dream... but that's the oil exploration game right.
Is CVN incredibly undervalued?, page-79
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Last
16.0¢ |
Change
0.005(3.23%) |
Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.8¢ | $136.6K | 855.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 166365 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 184462 | 4 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| CVN (ASX) Chart |