CVN 2.63% 18.5¢ carnarvon energy limited

Trump only has 2 weapons Hypocrisy and Tariffs, sometimes both...

  1. 4,407 Posts.
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    Trump only has 2 weapons Hypocrisy and Tariffs, sometimes both blend together to form one floppy weapon.

    The price war medium term (3-6months) is a godsend for CVN from my point of view, anything that takes out expensive oil from the market and raises the bar for funding in the USA or anywhere for Fraccing will help convention oil in the longer term. Pressure on competing technologies encouraging oil displacement also have to contend with a new brutal reality, Funding for Fraccing will become alot harder to get, given the death blows happening now, fold this with a Democrats win 2020 and conventional oil will have its day again.

    CVN share price is more attractive to buy, while in the downturn, a trader will probably make money from guessing Russian strategy in the short term.

    Some delay may occur with Dorado, but I doubt it, the FEED will happen as it should in this down period.
 
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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
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