It looks as if one should consider one's options as carefully as possible.
It looks to me that there is little downside as compared with upside.
It has a nice Earner in Thailand and More Prospective Major drill targets off the Aussi coast.
If any of these flow Oil from A large accumulation then The Share price could take off.
The Fully diluted Market capitalisation is not High. Just think of Apache and its Market cap.
If CVN hit oil in massive quantities and it Flows Ok then the Share price will be heading well and truly Upwards.
I am not giving any advice .
Too Much Upside In SP to Sell ?
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Last
22.5¢ |
Change
0.015(7.14%) |
Mkt cap ! $393.5M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 22.5¢ | 21.0¢ | $2.547M | 11.54M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 445308 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 400660 | 8 |
View Market Depth
| Last trade - 11.38am 14/05/2024 (20 minute delay) ? |
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Last
22.0¢ |
Change
0.015 ( 4.76 %) |
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| Open | High | Low | Volume | ||
| 21.0¢ | 22.5¢ | 21.0¢ | 5525228 | ||
| Last updated 12.01pm 14/05/2024 ? | |||||
| CVN (ASX) Chart |