CVN 0.00% 16.0¢ carnarvon energy limited

With 26% shorts again yesterday, they're pretty confident that...

  1. 5,696 Posts.
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    With 26% shorts again yesterday, they're pretty confident that it's going lower. Support that held at 18.5c for a few days has fallen. Nothing to hold it above the next support level of 14c except from 4 years ago except for some brave soles at 17c and the vultures at 15c.
    Surely at these prices, money in the bank and no debt it must be a takeover target or is it that much of a dog no one will touch it.
 
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Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
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