CVN 2.70% 19.0¢ carnarvon energy limited

IMO one thing that investors in the oil/gas sector can be almost...

  1. 1,084 Posts.
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    IMO one thing that investors in the oil/gas sector can be almost certain of is that merger T/O activity will happen sooner rather than later. History shows bigger companies increase their reserves and grow by buying smaller companies with proven reserves on the cheap. No other T/O has taken place since AWE and a lot of smaller companies with proven reserves are now looking look cheap. BPT likes this path for growth having done it a few times before, inclined to think they might prefer sexy(SXY) to CVN. But one can be certain that several big players are keeping a close eye on CVN . Note that bidders are lining up for Crux gas field (Impex,CPC and Osaka Gas) plus the two that dipped out on AWE. Again IMO good money will be made in the oil/gas sector by picking potential T/O targets. A few suggested targets might include SXY,HZN,STX,CTP ect and not to forget CVN which must be on the big boys radar
 
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Last
19.0¢
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18.5¢ 19.0¢ 18.5¢ $291.5K 1.560M

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No. Vol. Price($)
21 1368305 18.5¢
 

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Price($) Vol. No.
19.0¢ 310291 5
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Last trade - 16.10pm 02/05/2024 (20 minute delay) ?
Last
18.8¢
  Change
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18.8¢ 19.0¢ 18.5¢ 917122
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