I think some are forgetting that when/if a takeover offer comes about, the share price wont remain at the levels it is today. Real demand will drive the SP higher and higher.
I very much doubt that current shareholders would be prepared to sell at 50c!
News: CVN Carnarvon Energy Will Issue 234.8 Million New Shares At A$0.30 Per Share, page-6
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Last
19.5¢ |
Change
-0.005(2.50%) |
Mkt cap ! $348.8M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 19.5¢ | $856 | 4.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 108187 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 1585474 | 19 |
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| Last trade - 10.34am 03/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |