As long as CVN keep producing and selling, keep building up that cash in the bank, they are one of the fortunate ones.Their cost to production ratio is way in their favour. Imagine alot of the oilers out there who have huge cost to production ratios, they will be hurting and why would you bother to go looking for oil. Once all this mess is cleaned up and who knows how long that will take everything will re-align, unless of course the three auto companies go bust, then who needs oil when you are driving a horse & cart.
oil under us$50, page-3
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Last
15.0¢ |
Change
0.010(7.14%) |
Mkt cap ! $268.3M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.0¢ | 14.0¢ | $155.3K | 1.059M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 530233 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 440281 | 13 |
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| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| CVN (ASX) Chart |