CVN 3.23% 15.0¢ carnarvon energy limited

News: CVN Carnarvon Energy Will Issue 234.8 Million New Shares At A$0.30 Per Share, page-64

  1. 49 Posts.
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    Thanks very much Ya, so at the upper end of $12 mill Us per 1% thats bang on $80 mill Aud for 5%, so really on my numbers anything beyond a 5% sell down would seem too conservative by management I reckon. I really don't want to see a reduction of permit share % but likely a buyer would push for that I guess.
 
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