No shareholder will like today's announcement. However, review CVN's bottom line during the past few years and evry year has resulted in a profit. Then have a look at the results for a similar market cap company:
http://www.rocoil.com.au/About-ROC/Key-statistics.aspx
A production spike will improve market sentiment, low production cashflow and the profits will continue.
I look forward to a production update also.
No shareholder will like today's announcement. However, review...
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $295.1M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 15.5¢ | $478.3K | 3.010M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6210 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 482885 | 6 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |