CVN 0.00% 16.5¢ carnarvon energy limited

Cujo, arguably, for a rationale that I do not understand, the...

  1. 937 Posts.
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    Cujo, arguably, for a rationale that I do not understand, the CVN share price now appears to be linked to the level of the Brent oil price (owing to trader activity, as much as it is linked to "fundamentals" as you put it, I expect). Longer-term investors are likley to be accumulating on the SP dips. BPT also appears to be in this boat as well. Sentiment induced as CVN has no near - term production and BPT is as exposure to non-oil price linked gas prices as it oil. Eastern states gas prices are probably in play there, just as is the case for Maxwell's Cooper Resources.
    Last edited by Lithos: 30/09/18
 
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8 624083 16.5¢
 

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17.0¢ 745415 12
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