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15.5¢ carnarvon energy limited

moff, you some up my thoughts nearly perfectly. But we can...

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Eagle&owl

142 Posts.

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28/03/22

13:48

Post #: 60468221
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Originally posted by Moff_jnr: ↑

Disappointing but I see the following benefits,

1. If this company is as good as we all say it is now with more oil at Pavo and Pavo Sth looking good not to mention Apus then I think this could be oversubscribed and if so then watch for some good buying as those that thought they could get in via the CR have missed out.

2. This will give us a little cash boost to use as I suspect they will drill Pavo Sth sooner rather than later and if so then we have the cash to do it.

3. Yes i know the retail investors missed out but in my experience when retail are involved the process takes around a month during which time the sp languishes at or below the CR price. This way we should be back to the mid 30's by weeks end if point 1 above comes true.

I am as disappointed as most here but there is no point in complaining about something you cannot control. Move on and lets look forward to a good Apus result.

Good luck all...

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moff, you some up my thoughts nearly perfectly. But we can control this to a small degree.
I think the CEO needs to justify himself this time around.

CVN Price at posting: 33.0¢ Sentiment: Hold Disclosure: Held
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Last 15.5¢		Change -0.005(3.13%)		Mkt cap ! $277.3M

Open	High	Low	Value	Volume
15.5¢	16.0¢	15.5¢	$190.8K	1.217M

Buyers (Bids)

No.	Vol.	Price($)
21	1805008	15.5¢

Sellers (Offers)

Price($)	Vol.	No.
16.0¢	1591961	14

View Market Depth

No.	Vol.	Price($)
21	1806759	0.155
34	1567194	0.150
17	924843	0.145
13	724095	0.140
8	724935	0.135

Price($)	Vol.	No.
0.160	1591833	14
0.165	701409	15
0.170	1129909	13
0.175	779277	12
0.180	868127	15

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