CVN 0.00% 16.0¢ carnarvon energy limited

been looking at poe, page-11

  1. 1,138 Posts.
    Hi El,

    It is hard to escape market cap comparisons between POE and CVN. With POE being the senior partner yet CVN having the higher market cap.

    Without dragging out the figures, just lately we have seen a big increase in AUD to US$0.86 but also in CAD up to CAD 0.93.

    If the Aussie were still down at US$0.70 and CAD $0.80 then maybe our CVN would still be happily well above 0.60.

    May be part of the puzzle.

    Is the seller from overseas cashing in on higher Aust$ and putting funds back to US$?

    Cheers,
    Al

 
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