CVN 3.13% 16.5¢ carnarvon energy limited

munch munch munch, page-977

  1. kkw
    7,198 Posts.
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    Re "I am actually encouraged by last weeks action, that when there is real news it could be game on again with heavy buying and pretty exhausted selling"

    Like you I was also encouraged by the buying, until the buy side was exhausted today and the price drop right back. But the thing is why stacked the buy side with so many orders that the SP increase to 47c, when you can just drip feed and still get all you want for much less; but may take just a bit longer? My suspicion is as one poster suggested, there is an announcement anticipated and his timing to get on board is a bit off.

    KKW
 
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