CVN 0.00% 16.5¢ carnarvon energy limited

Ann: Corporate Presentation - Pavo Discovery, page-63

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  1. 186 Posts.
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    The last "soph" CR @ 0.39c would explain why today there are now 30M sellers (likely instos) outnumbering buyers more than 3-to-1..
    They are still underwater despite yesterday's upbeat news..
    They have been holding for years and likely just want to get their money back..
    They were the HUGE sellers yesterday which drove the SP down from yesterday's 0.435c open to where it is today.. Not shorts..

    Time to wake up to the reality the "big end of town" is anticipating another CR despite the company wasting/spending $$$ on Azure to find "alternative financing sources".
    That is what is holding back the SP. Shareholders should be livid..

    Hard to take you seriously..
    You drank the "Cap Raise Cook" Kool-aid long ago and seem to think having your investment further diluted is a "masterstroke" by CVN management..
    Last edited by Mayhem9099: 24/03/22
 
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