CVN 0.00% 16.0¢ carnarvon energy limited

Thats arguable Petergm, there offering 1 for 5 shares so approx...

  1. 623 Posts.
    Thats arguable Petergm, there offering 1 for 5 shares so approx just under 200mil shares at 6.4c.Theres currently 1.3mil shares for sale between 6.2-6.4cents.Theres a slight shortage of shares if you ask me.BUT this is only realised IF shareholders have actually done some serious research on WA-435-P and WA-437-P permits that host the Phoenix South Prospect & the surrounding areas.Not to mention any reseach on Apache or JX Nippon or the recent 3D seismic data upgraded on the prospect to a MULTI TRILLION cubic foot prospect that is also in close proximity to the PROVEN gas reservoirs in lower Triassic reservoirs at the Phoenix-1 well....the only thing going on with the share price since the announcement is accumulation.Remember this post in 1-3months...just my opinion tho.each to there own :)



 
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15.5¢ 16.0¢ 15.5¢ $193.3K 1.226M

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No. Vol. Price($)
10 1183937 15.5¢
 

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Price($) Vol. No.
16.0¢ 1131769 4
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