CVN 2.63% 18.5¢ carnarvon energy limited

hartleys underestimation

  1. 1,138 Posts.
    Last years CVN June 1/4 was released July 31st and came out with average realised price US$54.73 bbl.

    As recently as May 2008 the Hartley SP valuation of $1.15 was based on the quaint figure of US$89.65 bbl for FY2008.

    When the June 1/4 2008 comes out the realised price bbl will have to be over US$125.

    All the valuations are hopelessly out of date and way too low with their estimates of POO. As the oil/gas concerns release June 1/4 results there will be a sudden realisation that valuations need to be adjusted up significantly.

    This is my hope for the near term anyway, aside from any good/bad announcements.
 
watchlist Created with Sketch. Add CVN (ASX) to my watchlist
(20min delay)
Last
18.5¢
Change
-0.005(2.63%)
Mkt cap ! $330.6M
Open High Low Value Volume
18.5¢ 19.0¢ 18.5¢ $683.0K 3.642M

Buyers (Bids)

No. Vol. Price($)
24 1534815 18.5¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 338152 6
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
18.8¢
  Change
-0.005 ( 0.05 %)
Open High Low Volume
18.8¢ 19.0¢ 18.5¢ 2404632
Last updated 15.59pm 03/05/2024 ?
CVN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.