CVN cash position has got to be the envy of the oil producing world.
$52 mill in cash at Dec 31, $9 mill deposits, $58 mill coming from the sale of its Thai assets on Feb 16th.
So cash position on Monday will be $119 mill, zero debt, production of 4600 bopd, the biggest oil find in Australia in 30 years and a market cap of $138 mill.
This should be 24c easy.
Macquarie CVN target 24c, page-6
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Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $357.8M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.5¢ | $33.64K | 171.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 1499433 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 632160 | 14 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |