CVN 3.03% 16.0¢ carnarvon energy limited

Acquisitions ..., page-39

  1. 1,234 Posts.
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    Interesting to note turnover in CVN's shares has declined significantly over the past few weeks. Sellers (including shorters) looking like they are not willing to push the SP into silly territory not seen since the early COVID days when POO went negative for a period. Couldn't help topping up again today. Overall still under water but averaged down to 21c. If it drops further I'm happy to top up more. I would love to double or even triple shares owned but have to take a measured portfolio approach. I am still mindful of a client on the last trading day before 20/10/1987 (Black Tuesday) who doubled up long on the SPI and was down $22m the next day. He eventually went to jail for 7 years. DYOR.
 
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