CVN 2.94% 16.5¢ carnarvon energy limited

Ann: Thailand Asset Sale Agreement , page-29

  1. 13,963 Posts.
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    Yeah well I wouldn't get too excited. Was surprised the last one didn't revise down severely. Can't see anything since the last one to warrant revision up, but presumably continuing to be confounded since will warrant a downgrade this time. Probably already factored I by the market imho, or at least by the 4 cent market. Not so sure what the 8 cent market will make of it, but probably more banking on Apache and the part sale to Loyz.

    EL
 
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