CVN 5.26% 20.0¢ carnarvon energy limited

News: CVN Carnarvon Energy Will Issue 234.8 Million New Shares At A$0.30 Per Share, page-10

  1. 612 Posts.
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    Yeah. I really despise it when an offer is made at say 30% above say the 30 day VWAP and then celebrate what a generous offer it is!. What's worse is when management (SXY) recommend it based on "in the absence of a superior offer". Like selling is compulsory.
 
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