Allanh,
The reserves story is good, but as Onceover and others have cautioned, not so good. The recent information on oil/water contacts does inevitably mean quite a lot of the recent 2P additions will be lost to revision down.
Still fully holding, but certainly regret that half were bought above 50 last year.
We clearly have a struggle sp wise, shared by a lot of small oil producers atm. The true cost of replacing reserves and production is high. Not many doing better than standing still.
EL
Allanh,The reserves story is good, but as Onceover and others...
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16.0¢ |
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Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.5¢ | $193.3K | 1.226M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1183937 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 1131769 | 4 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |