CVN 9.68% 17.0¢ carnarvon energy limited

Here we go - another overreaction!

  1. 1,673 Posts.
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    The jittery times of investment markets at the moment has displayed itself again today with the CVN announcement on the Phoenix South - 2 drilling progress.

    Simply unbelievable the SP would even drop at all with the release only mentioning preliminary logging data. But no, a slight negative sees it fall from 11.5c to 9.7c ....... 15 percent! So, on positive news days it hardly moves up, plus no increase in the last two days with the skyrocket in oil prices, but drops like a bag with this release!!!
 
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