CVN 0.00% 16.0¢ carnarvon energy limited

You really are a moron. Of course they can "control the share...

  1. 186 Posts.
    lightbulb Created with Sketch. 85
    You really are a moron.

    Of course they can "control the share price".
    Had they not diluted the stock via cap raises every time they had drill success - the SP would be higher.

    By causing a situation where large institutions are now underwater (due to 3 cap raises!) at 39c, 33c and 30c - it means the SP is 'capped" and these institutions will probably lend their "out of the money" shares to entities that short the stock.. So stock goes down due to a management decision..

    SP was 43.5c after PAVO success.. Look where it it now.. Below what is was in 2014!
    Think about that - Anyone who bought in 2014 and held after Phoenix South-1 is underwater..

    Yet "lemmings" like you don't question management performance and in fact you somehow believe today's lame SP outcome (despite a POO USD100+) is somehow a good result.

    If this was a US company Cook would have been booted out years ago.. Wake up.
    Last edited by Mayhem9099: 04/05/22
 
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