re: Ann: CVN's September 2010 Quarterly R... Yep. The blue sky.
It's the only problem I'm worried about with this one.
What's going to give this one the huge upside that other stocks have.
eg: it's in the asx200 now.
However if it has 201st best growth story going forward than the investors finding the other 200 better growth stories will push this one out of the asx200 and so on.
501st growth story and this won't be in the asx500 for long and so on.
IMO This is the risk with this one.
I don't like that they are farming out the Aussie leases. IMO These are the one's that have the potential to really rocket the sp.
I think I'm correct in writing that one of these has a well drilled some years back that showed gas shows over 700 ft?
I don't think we should be farming these out.
I don't think Thai leases have the some potential effect on the sp for any find will have to be massive to rocket sp because the more they find the more tax they have to pay and then split 50/50 with a partner.
So I'm actively monitoring this one's growth story.
Hoping that management will find a way to give as a top 50 growth story so we keep going up the index's.
As always DYOR.
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