CVN 2.94% 16.5¢ carnarvon energy limited

Selling the rest of Dorado/Pavo would probably net another...

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  1. 707 Posts.
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    Selling the rest of Dorado/Pavo would probably net another aud$220m as per Taiwan deal. So this would equal around 28c per share in total. (Equivalent to ~aud$500m).
    Now according to CVNs own chart they show an upside in 5 years of only around aud$700m or 38c per share.(Sure there might be exploration upside, but they may also be duds & loses)
    The question here is, is the extra 10c per share worth the wait/risks..??

    Maybe the board should put the vote to shareholders at the next agm..
 
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