Management certainly need to come up with something positive to turn the steep decline around. It could be Buffalo drilling sooner than expected. Also there are several surprise positive announcements that are possible. Mentioned this morning that charts look terrible with mid 20's now looking possible. There is no doubt that Dorado is a fantastic resource, but it is too far away for the market at this point. CVN is great value and you have to wonder how low has it to go before a low ball offer might appear?
To Hold or Fold, page-152
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 (20min delay)
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Last
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $277.3M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 15.5¢ | $248.7K | 1.573M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1750795 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 3333 | 1 |
View Market Depth
| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| CVN (ASX) Chart |