CVN carnarvon energy limited

Ann: Change in substantial holding - Nero and Collins St, page-5

  1. 1,309 Posts.
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    Interesting possibility. Cash in the bank and receivable is worth around current SP value so sale of all Bedout interests including the exciting blue sky should be worth a fair bit based on previous 10% sale. Therefore total value could be around double current SP. With STO kicking Dorado/Pavo down the road this would unlock SH value but not all if development finally occurs, whenever that might be. At least SHs would be put out of their misery NOW at a nice earner.
    Last edited by Retired123: 12/12/23
 
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