All the best on you 2 guys strategies and hope it works out.
I think CVN is holding up well in this climate of low POO.
I doubt Apache will sell this patch anytime soon either.
Their activist share holder wants to get Apaches debt down to a manageable level and have already sold off a high number of assets that in future years would have cost them plenty to develop.
Oil is predicted to rebound in 6 months and we wait for test results.
Apache will keep drilling just as oil companies did when oil was under $20
I reckon the Thai sale will go through regardless of predictions by non holders looking for an entry.
What price can we expect, page-30
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Last
16.0¢ |
Change
0.005(3.23%) |
Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.8¢ | $136.6K | 855.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 166365 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 184462 | 4 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| CVN (ASX) Chart |