CVN 3.45% 15.0¢ carnarvon energy limited

A look at our new Management, page-45

  1. Obi
    907 Posts.
    lightbulb Created with Sketch. 40
    40%!? Good grief, surely they're dreaming?

    The SP has already risen from the mid 6.70s since the news got out. Off the top, they've got a premium of around 17% already over those pre-announcement prices. They may pay a bit more, but 40, I'd need some convincing to justify that.
    I'd rather it not go thru than pay overs.
 
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