CVN 0.00% 16.0¢ carnarvon energy limited

hartleys 12 month target, page-13

  1. 13,963 Posts.
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    Phil,

    Pretty firm, but looking at the energy sector, XEJ back close to lows, many mid caps reverting to juniors, eg look at ROC, BPT, PSA, HZN. Not exciting charts. Minnows even sicker in general.

    I am in the queue at 29 for more, but have my fill already so don't really care, and not holding my breath either. I thought we've have had a gain for the week, but then with the XEJ down 5% for the week?

    Atm imho sideways until some good news not yet factored in. The reserves could dissapoint, or could exceed expectations. For my it's a matter of reserving some ammo and ensuring I am not too full in the event we get another serious dip - which you can't rule out in this market.

    EL
 
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