CVN 0.00% 19.5¢ carnarvon energy limited

I'm out as of today...I like the unconvential nature of the play...

  1. 811 Posts.
    I'm out as of today...

    I like the unconvential nature of the play but the issue with rigs etc plus change in strategy from exploration to production (due to declining revenue) worries me abit, albeit its about suring up cashflow. I'll admit I was in this for quicker returns than what has eventuated (and I don't see any short/medium term high upside - at decent %'s). Time to move cash.

    Good luck all

    Maddoc

 
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