For a while they've been swinging around and so it looks like you could trade them without too much difficulty.
For me I'm holding at least a year to get the CGT discount. What makes the decision easy is that for all of 2007 and 2008 (and maybe beyond) they will be drilling 3 wells a month (maybe more if they get a 3rd rig) into an area which we know has oil and gas.
Sometimes all you need to make money in the markets is patience.
For a while they've been swinging around and so it looks like...
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Last
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $277.3M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.5¢ | $93.07K | 596.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 541153 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 938543 | 10 |
View Market Depth
| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| CVN (ASX) Chart |