CVN 2.56% 20.0¢ carnarvon energy limited

Ann: Major oil & gas resource confirmed in Dorado, page-211

  1. 4,565 Posts.
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    I am not sure how much reliance I would put on Morningstar's Quantitative valuation based on the fact that these are highly volatile stocks and it is a black box in operation. Could be a ouija board! What's the analyst content? What streams of data is it being fed? How well has it performed historically for CVN? What is its margin of error?

    I think the last question the most relevant, when I see a site publish this I would alot happier. Otherwise there is no way in telling its accuracy and hence its usefulness. eg. $0.67c ± 0.20c, therefore totally useless to tell which direction the share price my go.

    (Stats person, who has seen alot on AI jargon, that is misrepresenting the modelling characteristics, probably making alot of people rich, and I am not talking about the investor)
 
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