CVN 0.00% 14.5¢ carnarvon energy limited

Steep learning curve coming up, that's for sure. Did anybody see...

  1. 602 Posts.
    lightbulb Created with Sketch. 16
    Steep learning curve coming up, that's for sure.

    Did anybody see STO coming?

    Did all the volume punters realise that whilst CVN did get up to the high 60c for a moment, the subsequent sell off could have been foreseen by the use of a bollinger band chart. That gap at around 30c still remains maybe to be filled.

    We dont know which assets could/will be developed to production, we dont really know whether we should get into production as a sole owner/operator as a matter of policy.

    IMHO it will be much nearer Christmas that the future of PS-3 will be clearer.

    Right now we as shareholders have no idea if CVN will be targeted for it's assets and prices offered for those assets that make sense to accept.

    Right now we have no idea how the JV with STO will manifest itself. Have we done the easy part?

    IMHO we do not need another dilution via a cap raising.

    Step Learning Curve coming at a screen near you!
 
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15.0¢ 15.0¢ 14.5¢ $151.0K 1.023M

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No. Vol. Price($)
12 1313406 14.5¢
 

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Price($) Vol. No.
15.0¢ 1004797 12
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Last trade - 16.10pm 17/09/2024 (20 minute delay) ?
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