CVN 0.00% 16.0¢ carnarvon energy limited

A day where CVN is up- a long time coming! Having missed the...

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    A day where CVN is up- a long time coming!

    Having missed the exit points during the last few weeks it is now a game of "wait and see" for those who believe that there is upside from here.

    Ted is in Thailand for meetings with Pan Orient Energy this week so hopefully there will be some news flow next week.

    The company has not done a good job in protecting its share price. There are many with margin loans that can get severely burned in a plummet like this so I think that a company has a duty to clearly outline its strategy and prospects to stop its owners (shareholders)going broke.Letting the carnage of the last couple of weeks occur without taking any reporting action has been poor in my opinion.





 
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