CVN 6.25% 17.0¢ carnarvon energy limited

Found in the newsletter from the above mentionned... Which stock...

  1. 104 Posts.
    Found in the newsletter from the above mentionned... Which stock they speak about do you think? :-)



    One company obviously stands out - the mid-sized Thai oil producer and explorer is Fat Prophets' best ever recommendation.

    We mentioned above about how we are constantly searching for those gems of stock market companies that continue to look cheap even when the share price is soaring higher.

    Our mid-sized Thai oil play is a perfect example of the nice things that can happen to your portfolio when all the stars line up perfectly.

    We first recommended the stock as a BUY to our Fat Prophets Mining & Resources Members back in February 2006. At the time, the share price was a lowly 5.4 cents* and the total company was worth just $17 million.

    Fast forward to today, and the shares now trade at 75.5 cents*. Fat Prophets Members who bought at 5.4* cents would now be sitting on a massive gain of 1326%*.

    To put that into perspective, an investment of $20,000* made in February 2006 at a share price of 5.4 cents* would now be worth a quite unbelievable $285,200.00*.

    For those people who might be thinking they've missed the boat on this particular oil company, we urge them to think again. Just to underline our confidence in the company, we think the best days for this company could still be ahead of it.

    In fact, so confident were we in their future prospects, just last week we reiterated our BUY recommendation for the stock. The good news for new investors is that the shares still trade around the same level as last week…but given the surging oil price and that news of their latest drilling programmes is soon due, the shares may not last long at this price.

 
watchlist Created with Sketch. Add CVN (ASX) to my watchlist
(20min delay)
Last
17.0¢
Change
0.010(6.25%)
Mkt cap ! $304.1M
Open High Low Value Volume
16.0¢ 17.0¢ 16.0¢ $444.3K 2.744M

Buyers (Bids)

No. Vol. Price($)
5 1419150 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.0¢ 332273 6
View Market Depth
Last trade - 16.10pm 14/10/2024 (20 minute delay) ?
CVN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.