CVN 3.33% 14.5¢ carnarvon energy limited

So why is the sp at 21.5c.. Good presentation but it lacks the...

  1. 707 Posts.
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    So why is the sp at 21.5c.. Good presentation but it lacks the detail to convince buying even at these levels.
    Details about the financing scenarios..approx sell down percentages for what prices etc.. and of course any further dilution for FID. He was looking at oil at $100us in 4 years as well.(conservative?)
    i think the majority of brokers have a hold on cvn until the dust settles on the 'detail'
 
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