CVN 0.00% 16.0¢ carnarvon energy limited

9876 you pick it well. up or down tomorrow, page-136

  1. 356 Posts.
    On what, god given reason would you buy today? Risk is ok, but in this market, on a Friday!!! holy cow! That's some juice..

    On the god given reason that we have a cashed up producer with millions in the bank and selling $1 million worth of oil every two days.

    In the absence of a crytal ball I have no idea where the market will bottom so since somebody offered me their 26c shares for the above I accepted gladly even with the posibility that it may be cheaper still in days to come.

    It is already a ridicilous bargain and if I have to sit on it for a few weeks-months so be it?? I'll sleep well tonight despite what the dow may do.

    There is no way known that I would do the same for a non producing, short of cash spec which CVN is not.

    Sooner or later the panic merchants will realize the error of their ways, the turnaround will come 1 day .. why not tonight.

    Nothing changes the fundamentals of what CVN have or do on a daily basis and if it gets even sillier I have an adoring aunt so I'll beg and borrow some more

    Its only a matter of time.
 
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16.0¢ 16.0¢ 15.0¢ $721.8K 4.620M

Buyers (Bids)

No. Vol. Price($)
3 489032 15.5¢
 

Sellers (Offers)

Price($) Vol. No.
16.0¢ 247879 2
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Last trade - 16.10pm 24/07/2024 (20 minute delay) ?
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