CVN 3.33% 15.5¢ carnarvon energy limited

Ann: Shareholder Update, page-22

  1. Ya
    6,809 Posts.
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    There's just too many Masterchef's onboard at Q'drnt. U've got Wesfarmers, MQ, BAM etc & all they care about is the cashflw & half a sentence in their Qtrly updates. Atleast STO should b the logical buyer if they pick up all the WA assets (operated & non-operated depending on what BHP does if it opts to PE at Macedon/Pyrenees).

    I think if STO takes out the lot, then makes no point for CVN to hang onto their 20% in Bedout. In my view, CVN should also look at selling & take the cash & use the funds to pursue Buffalo. Entirely upto AC & the Board, as they'll b monitoring the events quite closely.
 
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