CVN 1.52% 16.3¢ carnarvon energy limited

re: Ann: CVN's September 2010 Quarterly R... El, My point re 24%...

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  1. 11,472 Posts.
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    re: Ann: CVN's September 2010 Quarterly R... El,

    My point re 24% bottom line margin was with regard to any Thailand find.

    As the find would have to be huge to rocket sp as 50% goes too partner then Thai gov has a huge stake, re tax situation.

    A fair point I believe.

    Secondly not wasting any of my time comparing bottom line margins as I think you'll find that the companies with the clearly diffined growth shedules find themselves in the top 50.

    Something I want for CVN.

    I don't want the wealth destruction of a slide down the indices.

    Which was my original point.

    As always DYOR.

    I monitor this one closely, with stop losses set.

    Closed lips on growth shedules sinks sp's, IMO.
 
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