I've just had a chat with someone in the know, and this is unlikely to happen. even if TL do acquire COP's approx 35% share in sunrise, Woodside and Shell who are the other SH will be unlikely to want to develop the field in the near future due to the costs associated with the challenging development required for the field. All of which is better for CVN and buffalo.
Timor Leste buys out COP in Greater Sunrise, page-2
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Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.5¢ | $93.18K | 583.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 354802 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 55498 | 2 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| CVN (ASX) Chart |