CVN 0.00% 15.5¢ carnarvon energy limited

Love the confidence unbeliever - $1.50 would be great. Love to...

  1. 20 Posts.
    Love the confidence unbeliever - $1.50 would be great. Love to hear from everyone about what CVN would need to look like for this to happen. If the SP is $1.50 then the market cap is approx $1.5 billion. At a 15 P/E the profit would need to be $100 Million. Based on CVN's current cost structure what needs to actually happen to achieve this. I don't imagine that it will get there by speculation alone, surely there has to be an underlying profit.

    Love to hear from some of the experienced people in this market sector.
 
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