CVN 0.00% 19.0¢ carnarvon energy limited

Tick tock and it looks to me that buyers might be a little...

  1. 1,079 Posts.
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    Tick tock and it looks to me that buyers might be a little worried about getting on board in time (buyers to sellers now well over 2:1) Everything might just be coming together at the right time for CVN. I have noticed over many years as the end of a bull market approaches the sentiment to oil/gas shares appears to change to positive. How can this be? Well it could be that the market tries to find an undervalued sector that has been overlooked during the bull market, often the only one left is the oil/gas sector. This would appear to be the case again and several smaller oil/gas stocks look way undervalued , for example the ones that are on the verge of supplying gas to the east coast market, IMO look for T/O's in this sector. Sentiment to the oil/gas sector is very important to CVN (even with the goodies they have). If this more positive attitude continues CVN could move towards the 50's before your 30 days runs out?
 
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Last
19.0¢
Change
0.000(0.00%)
Mkt cap ! $339.6M
Open High Low Value Volume
18.5¢ 19.3¢ 18.5¢ $453.7K 2.388M

Buyers (Bids)

No. Vol. Price($)
1 208679 19.0¢
 

Sellers (Offers)

Price($) Vol. No.
19.5¢ 1051094 14
View Market Depth
Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
19.3¢
  Change
0.000 ( 1.53 %)
Open High Low Volume
19.0¢ 19.3¢ 19.0¢ 1022419
Last updated 15.59pm 29/03/2024 ?
CVN (ASX) Chart
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