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
19.0¢ |
Change
-0.005(2.56%) |
Mkt cap ! $339.9M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 19.0¢ | $801.7K | 4.134M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 1776385 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 114832 | 3 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |