The writing is firmly on the wall now (in my opinion) that CVN won't continue in its current form for much longer. The SP has increased slightly but far from where I see a fair and reasonable value. Based on our 10% divestment in Dorado, cash in hand, along with the rest of the Bedout prospects then surely it sits in the range of 50c-$1?.
Where do we see this heading and have our friends at Nero provided us with a nice windfall or a kick in the long term tummy?
The for sale sign is up but for how much?
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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 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| CVN (ASX) Chart |