CVN 2.50% 20.5¢ carnarvon energy limited

Stag11: Yes, as a long term holder of CVN I didn't lose any...

  1. 747 Posts.
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    Stag11: Yes, as a long term holder of CVN I didn't lose any money on it either and I'm pretty certain that most shareholders would have known and accepted the risk. As for the late investors of CVN, so long as they continue to hold they haven't lost yet either- and Dorado makes an excellent backstop in that regard with or without Pavo and /or Apus. As for Advance, as you say, they put their money in the ring and spun the wheel. Most would have accepted the loss with grace but if there was indeed some chagrin or angst at the loss and some blame seeking, well, people have a right to complain, justified or otherwise but Advance appears to have drawn a line under it and is moving on. I wish the company and its shareholders all the best going forward. IMHO Cheers!
 
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