Right now the new JV partnership seems to be well received with CVN up 9% thus far, so those of us who are/were ambiguous about the 20/80% set up are being proved wrong, or at least that is what the market is indicating.
So: What are the immediate SP catalysts that need to be ASX reported by CVN (not Quadrant) since it seems they are not ASX quoted?
In the immediate past we had Finder to "leak" information since they were not ASX quoted, now we (CVN) will rely solely on Quadrant feeding CVN with information that requires an ASX announcement, CVN has no Q report due for months, so the next expected SP mover via an ASX announcement, should be the mobilisation of the drilling rig for Outtrim.
Judging by our SP today, with volume, the market is supporting the new JV which is highly reassuring IMO.
Where to now?
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Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $277.3M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.5¢ | 15.0¢ | $114.0K | 738.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 754956 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 2101629 | 12 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| CVN (ASX) Chart |