CVN 0.00% 19.0¢ carnarvon energy limited

is cvn the cheapest oil company on asx, page-3

  1. 23,919 Posts.
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    20-25% below cash back 0f 10c+

    Has potentially another $30M of receivables, which would put it at 13c+

    ROC-1 looking very interesting and still $30-40M of free carry under the JV for ROC-2

    It is certainly cheap and offers decent leverage to rallying price of oil through ROC discovery and future acquisitions
 
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