CVN 2.94% 16.5¢ carnarvon energy limited

Ann: Notice of Annual General Meeting/Proxy Form, page-3

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    A proportionate bid is a daring raid by an opportunist eagerly making a play for profit or a point. It only makes sense if someone knows something of material importance or wants to change management. Management must be aware of someone making a move on the register directly or by stealth.
 
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