CVN 0.00% 19.5¢ carnarvon energy limited

Agree Cosmo.Brokers now back at their desks and one would think...

  1. 19,172 Posts.
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    Agree Cosmo.

    Brokers now back at their desks and one would think that shopping trolleys will soon be wheeled out.

    Traditionally, the highest share price you see in the run up to drilling is exactly one month from spud.
    Given that, broker buying will have to get underway in the next couple of weeks.
    The roll on from that of course is that 'shorters' will also want to close their positions, before the beefed up brokers muscle in.
 
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