CVN 6.45% 16.5¢ carnarvon energy limited

Ann: CVN's September 2010 Quarterly Report , page-17

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  1. 11,474 Posts.
    lightbulb Created with Sketch. 511
    re: Ann: CVN's September 2010 Quarterly R... El,
    I agree with this...
    "If you think you can find much better amongst the oilers, good luck, most are wasters feeding egos and extravagant packages imho."

    Unfortunately for longtermers oilers are not the only type of holding that CVN is competing with to stay in the asx 200.

    Let alone asx100 which in my opinion should be managements next target.

    Failure of management to consider the above is very bad news for shareholders.

    Slipping down the indices is not a good outcome and the main risk with this one.

    And as for longterm shareholders who don't consider the above they'll get what they deserve reducing capital.

    With all due respect longtermers who don't consider the above should open their eyes a little further. DYOR.
 
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