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All the valuations are hopelessly out of date and way too low with their estimates of POO.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.
hartleys underestimation
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Last
20.3¢ |
Change
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Mkt cap ! $366.6M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 20.0¢ | $22.82K | 112.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 1893908 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 20.5¢ | 517966 | 17 |
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| Last trade - 11.52am 07/06/2024 (20 minute delay) ? |
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Last
20.0¢ |
Change
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| Open | High | Low | Volume | ||
| 20.0¢ | 20.3¢ | 20.0¢ | 419616 | ||
| Last updated 12.01pm 07/06/2024 ? | |||||
| CVN (ASX) Chart |