CVN 5.13% 20.5¢ carnarvon energy limited

Woooo Hoooo go CVN :)$$$$$

  1. 9,763 Posts.
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    Well I just sold a bucket load of NWE a week ago $$$$$ so I could go long at CVN , with all the cap raise shenanigans at CVN it has caused a undue sell down of scrip imo as is usually the rule in the oily pennies and I have just have to if taken advantage of that $$$$…… any way I have been actively BUYING CVN @ 31,31.5, 32 and have taken a huge position in CVN on top of what I already had at 23, and 29 …… the reason for my buying is all around the success CVN is having in the Carnarvon Basin it’s been huge in oilers terms,……Dorado was simply outstanding biggest oil discovery in a decade in Oz and then CVN goes back to Back with Pavo1 amazing results for CVN and shareholders and now we are fronting up to Apus 1 and rig is mobilised, the sell down and trading activity recently was to be expected for CVN due to cap raise and profit takers not seeing there goals but it has also put forward a huge opportunity at current levels in CVN in the short term, and I have taken that op and backed CVN,s future with my coin, mainly because of its undervalued state it finds itself in atm after such huge success in Darado and Apus, the market does funny things with oily pennies and gets way to emotional about them at times thus the 32 cent price tag on CVN atm and at around 500m MCAP for CVN atm and it’s presenting huge value imo with Apus spudding shortly and of course Apus being the true undiscovered Elephant field on paper things are going to change rapidly around here in the coming weeks as we approach spudding Apus1………..I’m holding 4.7m shares in CVN atm and I am cherishing everyone of them I have , and consider myself very fortunate to of been able to accumulate them at such as what I believe to be a bargain level imho given the news stream we are going to be presented with by head office in the ST due to Apus reporting and progress in our other successful developments thus far in the Carnarvon Basin $$$$$
    Happy days indeed
    clear.png$$$
    And good luck to all holders with the Elephant in the room that could be arriving at our door step shortly and hasn’t even been slightly valued into CVN in any way shape or form, but you just watch things change around here when the drill starts turning on the Carnarvon sea floor in Apus, she will be Woooo hoooo alright $$$$$
 
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Last
20.5¢
Change
0.010(5.13%)
Mkt cap ! $366.6M
Open High Low Value Volume
20.0¢ 20.5¢ 19.5¢ $492.2K 2.477M

Buyers (Bids)

No. Vol. Price($)
3 55000 20.0¢
 

Sellers (Offers)

Price($) Vol. No.
20.5¢ 415302 9
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Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
CVN (ASX) Chart
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