CVN 5.88% 16.0¢ carnarvon energy limited

re-entry opportunity?, page-22

  1. 320 Posts.
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    The reality has started to sink in

    CVN hit 80c when oil was $150 bb now its $70 and CVN is over priced.. they have found a new oil at 1200bopd at L44-W but that does no way justify the current rating.

    Yes its in the SP ASX 200 but that was because IOOF took over Wealth management ... now with stocks increasing in value there is a good chance that CVN will drop out of this.

    I suppose it will hit $1.80 and you all bought tickets to OZ lotto...reality
 
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16.0¢ 38484 1
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