CND 14.8% 3.1¢ condor energy limited

la punta deal done, page-53

  1. 29,561 Posts.
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    redal,
    ive found a good company for you to down ramp , its
    code is CVN.
    its totally overpriced imho and a beauty to down ramp.
    It had no major shareholders when it had an sp of .28c (still doesnt), then when the market corrected
    and its sp fell briefly to .12c ,guess what happened ?
    Nothing ! none of the large shareholders increased
    their stake (fouls ,i know) MUST HAVE not KNOWN what we do ?.
    CVN has a market cap of around 150m and has shakey production of what 1000 bbs /d ? (and no major
    shareholders ,of course they're idiets GOLDMAN/ ANz/
    MERRYL/MAQUARIE/NAB/ etc etc etc, still not buying.
    BKP will have a market /cap of approx $50 in jan 08
    and prod of 500/bb/day,yep, lots of upside and major s/holders ,has to be a better bet.
    cheers c
 
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