It looks to me as though Santos has long ago lost interest in the Dorado project. If so it would make sense for a potential buyer to takeover CVN as well to secure adjoining tenements, perhaps happy to keep the Koreans on as a junior partner cum customer if they don't want to sell their 10 per cent. Sheer speculation on my part. Have been a shareholder since the Thailand days. Last time I sold any CVN shares it was for 70cents per share. Followed by a memorable trip to Europe. Sadly not this time around. Thirty cents sounds more likely. Still all good parties eventually come to an end.
Positive SP Action, page-5
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $295.1M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.0¢ | $636.5K | 3.866M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 624083 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 745415 | 12 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| CVN (ASX) Chart |