CVN 6.06% 15.5¢ carnarvon energy limited

There would need to be a raft of explosively good news for this...

  1. 606 Posts.
    lightbulb Created with Sketch. 26
    There would need to be a raft of explosively good news for this to see 50/60c once again.
    I can see many many LT holders lining up to offload along the way, well before 50c - let alone the recent recipients of those 8.2c shares in this latest CR.
    Phoenix could deliver such a success, but the odds of that probably aren't so high given the nature of O&G.
    60c would see me out very nicely - i had a get out of jail stock some time ago with Hardman Oil, so sometimes it does happen.
    Let's hope.
 
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