Two vastly different companies. The only thing they share is one JV. As I have said ever since POE brought out the Tiger disaster you just can't pay any attention to what POE is doing on the Canadian exchange.
These financials bear out some of the many issues that POE has, and that's why they have (for years) POE has been very open to buyout offers. CVN however are well in the black, super strong and very well run.
A little like Holden vs GM these companies have comminality, but one is viable, the other has troubling issues. Perhaps (with time) an offer for POE's share may even occur.
poe update, page-21
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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 |