CVN 0.00% 17.0¢ carnarvon energy limited

Anyone Remember Why CVN was $2.40 in 1994?

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    I was doing a bit of research and on the charts CVN spiked to around $2.40 in 1994. Does anyone know what this was all about?
    https://hotcopper.com.au/data/attachments/1618/1618370-74e96e80ccb5d74392499c418e6e71ac.jpg
 
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