It is definitely good value at these prices, and cannot (surely) stay down here too long.
But, there is uncertainty in market at the moment that is causing value destrution on a lot of good companies that are being tainted with negative sentiment, ie: baby out with bathwater...
my opinion only, so do only what your own analysis tells you, I have been a long time holder/trader in cvn so I may be biased ;P
steve
long term price of oil, page-18
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Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $366.6M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 20.0¢ | $21.57K | 107.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1490376 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 804284 | 15 |
View Market Depth
| Last trade - 10.30am 20/06/2024 (20 minute delay) ? |
| CVN (ASX) Chart |