CVN 0.00% 16.0¢ carnarvon energy limited

Fundamental Value, page-169

  1. 3,479 Posts.
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    "Fundamental 's over T/A has to come into play very soon one would think."

    fundamentals over?? surely you're kidding!!

    what TA has to come into play??
    what are the charts saying?
    that fair value is 20c???

    or are they saying that the TA 'need' to close the gap is more compelling than the FA associated with the 3rd biggest discovery on the NWS??

    and it's a discovery that is very much a work in progress... it could very well grow into the 2nd biggest... and possibly THE biggest discovery in the area.

    with that in mind... how do we explain the share price?
    lemmings?
    weak hands?
    stop losses?
    accumulation?
    dorado was a dream?

    and how are the TA guys making any money on this if it's down day on day?
    shorters?

    looking forward to the next announcements to get a better idea of the way forward.
    regardless of the share price... i think it's still exciting times for CVN...
 
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