CVN 0.00% 19.5¢ carnarvon energy limited

Oncer,Well if the sp move today reflects dissapointment with the...

  1. 13,963 Posts.
    lightbulb Created with Sketch. 1047
    Oncer,

    Well if the sp move today reflects dissapointment with the QR, I guess it might be a silver lining for a few more patient buyers. It would also seem there are very few selling today, based on several volumes spikes with little between. Few buying also, but then patient buyers have had months of opportunity - not all caught out, buying in high like you yesterday. If you bought yesterday despite your views imho any dissapointment today is well earnt, surely with your knowledge you could have found a better story to buy into.

    Clearly also the ship leaked this time, and I guess that buying in recent days may well have been on T+3.

    I believe you simply read far too much into transient news, and also into transient market behaviour. I am going to focus on the big picture here, and accept that we are going to get whole phases of dissapointing news interspersing the main theme - of discovery, growing yoy reserves, very profitable production, and learning on the extraction front.

    EL
 
watchlist Created with Sketch. Add CVN (ASX) to my watchlist
(20min delay)
Last
19.5¢
Change
0.000(0.00%)
Mkt cap ! $348.8M
Open High Low Value Volume
19.5¢ 20.0¢ 19.5¢ $80.01K 402.3K

Buyers (Bids)

No. Vol. Price($)
20 1576649 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 319098 7
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
CVN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.