I reckon that the quarterly will create a bit of a stir...when people see how much cash CVN are putting away each month.
Hopefully we will also learn more about their corporate intentions.
And with US$70 oil times the Aussie exchange rate of 0.64 = A$110 per barrel. Even if you strip out 15% for the tapis discount, cvn are earning A$93 per barrel
And at 6000bopd that makes a lovely revenue figure of A$550,000 !
I reckon that the quarterly will create a bit of a stir...when...
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20.0¢ |
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Mkt cap ! $348.8M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 19.5¢ | $53.06K | 265.3K |
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| No. | Vol. | Price($) |
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| 19 | 1802162 | 19.5¢ |
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| Price($) | Vol. | No. |
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| Last trade - 11.30am 05/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |