CVN 0.00% 19.5¢ carnarvon energy limited

Agree, unlikely to be a cr in near future (100mil in bank),...

  1. 1,656 Posts.
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    Agree, unlikely to be a cr in near future (100mil in bank), unless a take over from cvn requires it..
    So, same share registry, same percentile holding... regardless of sp, unless you sell.
    Paper gains or losses are just that, unless life gets in the way and a sale is required...
    The fallacy with day trading is the urge to jump ship, often before it sails., for example, if you buy at current cvn prices if the sp gets to say cash back most will sell, albeit at a 30 percent profit, yet your holdings were always at that but not on paper so to speak.
    On the other hand, to accumulate at the current sp, if funds are available, seem more the ideal long term holder's stance.
    Many attributes have been discussed on this forum by many about cvn, i wont repeat and dyor.., time will tell the truth.
    GLTAH
 
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