Should see some positive sentiment for CVN tommorrow with OIL price rising and maybe headed for 110USD
Big fopar is CVN's small amount of oil to refinerie as it's revenue will be used in finding more reserves.
This Co. needs to be making 25mill a quarter before we see a decent move in the SP. That means around 6-8000bpd for CVN.
I am holding out for sub fifties SP as I have already sold my position and waiting for another good move down.
Should see some positive sentiment for CVN tommorrow with OIL...
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Last
16.5¢ |
Change
-0.020(10.8%) |
Mkt cap ! $295.1M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.8¢ | 16.0¢ | $3.525M | 20.49M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 441949 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 2048593 | 4 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |