CVN 2.50% 20.5¢ carnarvon energy limited

I have been keeping an eye on CVN for years. On face value,...

  1. 20,361 Posts.
    lightbulb Created with Sketch. 1988
    I have been keeping an eye on CVN for years. On face value, relative to it's historic price it's seems cheap, however my concern is the current production ( of lower priced oil) plus shares on issue may mean this is fair value. I guess my question is there seems to be a disconnect between reserves and production.
    Peoples thoughts appreciated.
 
watchlist Created with Sketch. Add CVN (ASX) to my watchlist
(20min delay)
Last
20.5¢
Change
0.005(2.50%)
Mkt cap ! $362.2M
Open High Low Value Volume
20.0¢ 20.5¢ 20.0¢ $724.4K 3.558M

Buyers (Bids)

No. Vol. Price($)
6 279612 20.0¢
 

Sellers (Offers)

Price($) Vol. No.
20.5¢ 485773 5
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
CVN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.