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2.50% 19.5¢ carnarvon energy limited

Ann: STO: Strong Caley oil flow advances Dorado, page-63

  1. brettw68
    238 Posts.
    lightbulb Created with Sketch. 76
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    08/10/19
    12:06
    Post #: 40771375
    as I type,

    STO up 19c = mkt cap increase of approx $400mil

    we have a qtr the size of Dorado of what they have

    so our mkt cap should have increased by $100 mil

    CVN up 2.5c = mkt cap increase of approx $39mil

    (all else being equal in both co's)
    needs to be up 6.5c to equalise
    CVN Price at posting: 40.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 28  Upvote
    lightbulb Created with Sketch. 5  Great analysis
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19.5¢ 		Change
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