Great thing about these forums is the varied views. Of which mine is that while discovery and production will be positive for the company. I don't think we'll be rewarded to the extent we think we deserve until it can be shown in hard numbers on the balance sheet with $ rolling in. As mentioned this is just my personal view and I hope I'm wrong. What does profit on 15mil barrels of oil look like once produced and all costs removed? Equivalent to our current market cap, half our current cap?
Great thing about these forums is the varied views. Of which...
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Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $295.1M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.5¢ | 15.5¢ | $556.2K | 3.435M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 271853 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 468186 | 5 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |