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2.63%

18.5¢ carnarvon energy limited

I wouldn't be voting for anything lower than 50 cents but...

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anthony09

275 Posts.

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30/12/23

15:30

Post #: 71668948
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Originally posted by Retired123: ↑

What I was driving at was raising money via another sale and appeasing Nero and other disgruntled shareholders by doing a one off substantial dividend. Yes it would be selling at a below optimal value price but it would keep alive the potential for further value from exploration in an area that has so much potential. I think Nero just wants a quick clean exit and at least double their money and move on to their next target. However if someone comes up with a good TO price for the lot then that would be good but the end of CVN. IMO that would have to be at 45c or higher and that seems unlikely as Nero rushes to the exit. I for one would vote against a low ball offer and we need to keep Nero in line. Their goal may not align with LT shareholders.

If we sell the farm I for one will look back down the track and regret not retaining just a sliver of the Bedout. A substantial dividend while retaining a small sliver of the Bedout potential seems a reasonable compromise.

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I wouldn't be voting for anything lower than 50 cents but unfortunately this vote would only be symbolic considering Nero and Collins large holdings.

CVN Price at posting: 23.0¢ Sentiment: Hold Disclosure: Held
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(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

No.	Vol.	Price($)
19	1134815	0.185
17	1581263	0.180
7	757857	0.175
2	260000	0.170
3	277701	0.165

Price($)	Vol.	No.
0.190	338152	6
0.195	2725843	16
0.200	1278450	25
0.205	1214397	17
0.210	1320000	13

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