Hi,
1. I don't understand something. How it is possible to have a such difference between the figures in the last Hartley report (18.02.2008) and the Gaffney's (30%)?
Net margin forecasted in Hartley's report are following:
FY2008 56.21%
FY2009 26.10%
FY2010 22.19%
I think the Gaffney's number is wrong because it is for me obvious that SRB are not based on a flat rate.
Carnarvon's story is one of my best experience in investment but I am really afraid of this windfall Tax who gives an annoying limit for this beautiful stock! Other disliked points:
2. They are struggling to deliver the full production (only 3000 bopd)
3. no third rig that is disappointing.
Almost all my portfolio is invested in this share but I think interesting not only to look on the bright part...
tax production rig
Add CVN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.5¢ | $104.8K | 673.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 1760293 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 781513 | 11 |
View Market Depth
| Last trade - 10.25am 30/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |