Australia's largest stock trading and investment forum Australia's #1 stock forum

CVN

Click for more information

0.00%

21.0¢ carnarvon energy limited

I don't believe the figures in your post are correct, unless I'm...

First 53 Last

Share
Profile

Follow
magpie4ever

3,409 Posts.

493

23/10/20

15:51

Post #: 48341577
Share

Originally posted by BLUTO: ↑

I'm waiting for guidance from the board, I can make the meeting, so will wait for the discussion. It appears on the face of it that Jendry has the qualifications and experience but is he more qualified than current board members? Honest question as I have no idea.
Nero appears to be an astute investor, if you believe the stated returns and blurb on their web site.
Realistically if you want to have the final say in a takeover play you need more than 10%, but staying below the 20% so as to not trigger one. I'm wondering if Nero may have other entities that they can "vote with" (not colluding of course, 'cause that would be illegal), that maybe have a few percent of CVN's capital. Maybe a time for those in the industry to pull out the share registry, and cross reference with registries from other companies Nero has invested in?
Maybe Nero sees an undervalued asset, good management with huge upside and wants a seat at the table to try and maximise their investment going forward?
Maybe Nero have affiliations with like minded shareholders, either way, looking forward to the unwinding of this story.

Expand

I don't believe the figures in your post are correct, unless I'm reading it wrong.

CVN Price at posting: 25.0¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 3 more messages in this thread...

First 53 Last

Add CVN (ASX) to my watchlist

(20min delay)
Last 21.0¢		Change 0.000(0.00%)		Mkt cap ! $375.6M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
3	59917	23.5¢

Sellers (Offers)

Price($)	Vol.	No.
19.0¢	6000	1

View Market Depth

No.	Vol.	Price($)
9	285000	0.210
7	1366997	0.205
18	1590640	0.200
24	2151921	0.195
32	949638	0.190

Price($)	Vol.	No.
0.190	6000	1
0.200	60606	1
0.205	171100	2
0.210	1343858	12
0.215	1077756	11

Last trade - 09.54am 14/05/2024 (20 minute delay)


Last 22.0¢			Change 0.000 ( 4.76 %)
Open	High		Low	Volume
21.0¢	22.0¢		21.0¢	2137393
Last updated 10.12am 14/05/2024 ?

CVN (ASX) Chart

Day chart unavailable

SPONSORED BY