CVN 6.45% 16.5¢ carnarvon energy limited

.. about CVN. Even at around 70c it seemed to be undervalued....

  1. 496 Posts.
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    .. about CVN. Even at around 70c it seemed to be undervalued. Now it's headed to the 40's again. I thought CVN had made the transition to a mid-tier company, with an established cashflow and lots of potential for more. Why is it suddenly a pariah again?
    Management seems to have a history of avoiding information leaks, but does someone out there know there's bad news coming?
    Why has the whole CVN story been reassessed so negatively?

    Holding, but with a nervous grip.
 
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