I don't have time to verify this statement 100%, but I think it's accurate:
CVN are producing oil at a record rate, and are selling that same oil at very close to the highest price (due to exchange rates), and yet the SP is down 55% from high point.
Wow, tough market. What more does a company have to do?!!
what if oil below 100 dollars, page-8
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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 |