CVN 0.00% 19.5¢ carnarvon energy limited

cvn sp, page-8

  1. 707 Posts.
    Entropylord is right about CVN and I feel I'm right. We just have different time frames. I was lead to believe CVN was a goer by stockval. So did Morningstar think it was but there is a problem. Dropped production and the Thai crises should have caused both to devalue it for short term buyers. Long term buyers who bought in cheap will still have a long term gain but it was not a "strong buy" when I bought into it late last year when unbeknown to me Fat profits had downgraded it. Great if you knew this and I've been wondering about it since especially after a director sold heaps of shares. My best hope is for their hype to lift the sp and let me sell at no loss. I pity those who paid 86 cents in July last year when oil prices were lower.
 
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