Australia's largest stock trading and investment forum Australia's #1 stock forum

CVN

Click for more information

3.03%

16.0¢ carnarvon energy limited

Make them pay!, page-64

First 64 Last

Share
Profile

Follow
stagman

1,431 Posts.

9

08/05/20

21:55

Post #: 44522153
Share

Originally posted by gottalove: ↑

I too have wondered about that Sin and have had many a conversation with others about it.

I think it's reasonably obvious that the shorters are sitting there under the expectation, that AC will have to raise a bag of money to fund Dorado.

One theory I had, revolved around the shorters' exact identity.
I understand that finding out exactly who they are can be quite difficult. In a nasty twist, perhaps it's the same insto(s) or soph(s) who AC would normally approach when raising large amounts of money, but they've kept this dirty little secret to themselves. Their theory being, they believe they'll once again be given masses of placement stock for Dorado, pay back the insto whom they borrowed from, probably double up and go long and walk away rubbing their hands together.

If this is what's happening that's all well and good, but it does come with one potentially fatal flaw. What if there is no cap raising. Oops!
AC has already said they have multiple funding options and I can only imagine their faces, if he came out and said: "Yup....Dorado fully funded".

*Post is purely speculation by the way....and probably wrong.

Expand

Wasn't there discussion on a CVN thread late last year about Vinva Investment Management being the shorters?

CVN Price at posting: 20.0¢ Sentiment: None Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

OSX

Osteopore winds up 3D printed bone implant study bankrolled by the Chilean Government

The Rising Tide: How institutional adoption is shaping the future of crypto

PMT

Patriot Battery Metals' early stage economic assessment boosts potential of flagship Canadian play

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

WHC

Whitehaven to sell 30% of Blackwater coal mine to Japanese JV partners

There are more pages in this discussion • 1,255 more messages in this thread...

First 64 Last

Add CVN (ASX) to my watchlist

(20min delay)
Last 16.0¢		Change -0.005(3.03%)		Mkt cap ! $295.1M

Open	High	Low	Value	Volume
16.0¢	16.0¢	16.0¢	$9.797K	61.23K

Buyers (Bids)

No.	Vol.	Price($)
8	162468	16.0¢

Sellers (Offers)

Price($)	Vol.	No.
16.5¢	994789	14

View Market Depth

No.	Vol.	Price($)
8	162468	0.160
15	696556	0.155
21	579891	0.150
22	494001	0.145
6	438864	0.140

Price($)	Vol.	No.
0.165	990114	13
0.170	1696560	19
0.175	1466288	18
0.180	1232701	12
0.185	971920	10

Last trade - 10.02am 22/08/2024 (20 minute delay)

CVN (ASX) Chart