CVN 3.13% 16.5¢ carnarvon energy limited

production declining-jan figures just out, page-10

  1. 6,951 Posts.
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    Mikeyboy. I do not agree with you allegations. I am not trying to down ramp the shares at all, If you think that an issue , if made now could be made at higher than 2 cents then prove it please before you start critisising.
    Everyone is allowed to have their own opinion , we live in a democracy. Lets face the facts.
    Have they produced what was expected , when it was expected ? Yes or no that is a question .
    Are they in loss ? Yes or no. Etc .
    Has the Managing director purchased shares around the $0.06 level and what is the price now ? How would you then possibly know at what level a capital raising would be accepted by the market.
    I suggested 2 cents for an issue if necessary as they may get some support at that price.
    If they are able to show meaningful improvement then that is a different matter.I am waiting to see it in real facts from the Company not { chat on Buletin boards}.
    Best wishes
    B2

 
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