"In total, the company’s exploration portfolio holds potential to lift value to over $1 per share if discovered oil is worth $12 per barrel and discovered gas has a value of $0.60 per gigajoule."
The valuation is based on a huge if statement. The last announcement diminished that potential of $1 per share straight off the bat, and I would hazard a guess that the overall figure is way inflated. My guesstimate is somewhere around $0.25 - $0.30 with good news in the short term.
"In total, the company’s exploration portfolio holds potential...
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Last
17.0¢ |
Change
0.015(9.68%) |
Mkt cap ! $304.1M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 17.0¢ | 15.0¢ | $675.5K | 4.272M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 59750 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 1916292 | 14 |
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| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| CVN (ASX) Chart |