CVN 3.03% 16.0¢ carnarvon energy limited

Ann: Half Year Financial Report, page-3

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  1. 13,988 Posts.
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    I have no concern about the $22mm impairment of the Thai recieveable. Simply not surprising, and unlike some others here I always considered it rather uncertain at best.

    I am a bit dissapointed about the $10mm impairment on OE as I see no good reason why we embarked on that venture given the spread of potential elsewhere. Still an accounting impairment doesn't mean that it might not come right.

    Happy to brush the financials aside, not the main game atm. If the market reacts badly, well I have funds available for a bargain.

    EL
 
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