Wow ....... cant help thinking how disillusioning it is to see CVN just treading water as company due to STO holding the cards in regard to Dorado/Pavo assets.
There has been just 52,000 shares traded this morning in the first hour of trading ......... and this has been the basic pattern for several weeks now. I even trawled through the papers of the recent STO investor day in the hope of seeing some light at the end of the tunnel, but it remains as stated a few months ago.
Its interesting how share value works though. When the discovery of Dorado occurred the CVN share price got up to 60c and then Pavo it got to mid 40's ........... nothing has changed, the oil is still there but the share price is down to 15c!
State of Treading Water
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Last
20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $366.6M | |||
| 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 |