Whilst there is an emergency meeting, in the sense that a meeting date has been brought forward, it would be wrong to assume that the result will be a cut in production. Amongst other things:
1. there are serious seconomic risks if OPEC reduces production (or more to the point sale) and it will be mindful of those;
2. even if OPEC reduces, there are non OPEC producers who can fill the gap.
Still, I have cheerfully increased my CVN holding.
Whilst there is an emergency meeting, in the sense that a...
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Last
14.5¢ |
Change
-0.005(3.33%) |
Mkt cap ! $259.4M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.5¢ | $71.20K | 489.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 514734 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 667493 | 7 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| CVN (ASX) Chart |