CVN 0.00% 16.0¢ carnarvon energy limited

The trouble with CVN is they need a decent announcement and to...

  1. 1,084 Posts.
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    The trouble with CVN is they need a decent announcement and to get the shares moving, its almost 3 years since they first mentioned they were looking for farm in partners, but to date zero have been announced . A lot of investors keep saying oil shares are not the place to be and suggest this might be holding CVN back. However, this is not true as there have been some fantastic gains since April for some oil/gas companies that are actually doing "SOMETHING" eg EXR up 600%,STX up 270% CUE up85% to name a few. CVN may continue to drift for months without something new , Dorado appears to be too far into the future to get the market interested. Still holding but it currently is my poorest preforming oil/gas share.
 
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