CVN 0.00% 16.0¢ carnarvon energy limited

The Board should be using some of the $70m cash they have to buy...

  1. 329 Posts.
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    The Board should be using some of the $70m cash they have to buy back shares on market , to protect against the endless shorting and possible takeover rumours , this is their best and only defence at moment
    they can reissue the shares later at a higher price as the Derado field has been significantly derisked recently
 
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