i sold, i am not a trader
-cvn was too large a share of my portfolio.
-cvn had made a remarkable recovery from a low position.
-combination of new finds, having survived the GFC with cash in the bank & making the top 200.
- I made a small profit and moved on.
_the quarterly report did not fully explain the fall in production of the producing wells considering there had been new finds. I had been under the opinion before the multi drilling of wells that the oil producing wells ie POE-9 were only slowly declining and would produce for years. You get the feeling somthing could be amiss and they are trying to recitify the situation or put a spin on it.
just my opinion. I am sure they will find more oil but the opportunity was too good to ignore.
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hey ted!, page-23
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6 | 546550 | 0.135 |
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3 | 318052 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
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0.155 | 1019509 | 22 |
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