CVN 2.94% 16.5¢ carnarvon energy limited

Santos spells out its plans - big on Dorado, page-215

  1. 19,172 Posts.
    lightbulb Created with Sketch. 1838
    You know how it works with movies. Blockbusters like Top Gun 2 come out in America and then we Aussies always seem to be a little bit behind.
    Similarly when bands like Coldplay or U2 do global tours, Australia always seems to have to wait a while before it's our turn for the show.

    I've found that when it comes to beaten up, shorted stocks on the ASX, CVN is also a bit of a lagging indicator.
    I've noticed this and mentioned before, with the likes of STX (which I don't hold by the way).
    They seem to be Wembley Stadium in London and CVN seem to be Perth Arena in Australia.

    Today I see they've jumped again (now 21-21.5) and if history does that repeating thing, our rise should follow in the coming days/weeks.
 
watchlist Created with Sketch. Add CVN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.