The bottom line is that if supply exceeds demand then value will decrease. The intrinsic value is only one of the influential considerations in the equation. But being and oil and gas producer is as popular as being a smoker atm. So supply exceeds demand regardless of intrinsic value of the product.
Unless something changes for the long term of O&G, or the company diversified into something new, long term holders looking for value will need to see dividends in excess of capital cost when the music stops and the game ends.
- Forums
- ASX - By Stock
- Market Reaction
The bottom line is that if supply exceeds demand then value will...
-
- There are more pages in this discussion • 70 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CVN (ASX) to my watchlist
(20min delay)
|
|||||
Last
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $277.3M |
Open | High | Low | Value | Volume |
15.5¢ | 16.0¢ | 15.5¢ | $190.8K | 1.217M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 1805008 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 1591961 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 1806759 | 0.155 |
34 | 1567194 | 0.150 |
17 | 924843 | 0.145 |
13 | 724095 | 0.140 |
8 | 724935 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 1591833 | 14 |
0.165 | 701409 | 15 |
0.170 | 1129909 | 13 |
0.175 | 779277 | 12 |
0.180 | 868127 | 15 |
Last trade - 13.49pm 31/07/2024 (20 minute delay) ? |
Featured News
CVN (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online