CVN 6.25% 17.0¢ carnarvon energy limited

Hi all:I find the announcement very interesting as cvn has...

  1. jpv
    524 Posts.
    Hi all:
    I find the announcement very interesting as cvn has already said they were postponing their existing wa exploration works or similar. $500000 commitment is minimal for a co with this cash flow and show they are developing long term investments and it appears to have great potential done by others already eg a Gift & 100%.

    I AM hoping it was only sold down by those not knowing the shape cvn are in rather than info about what is in the quarterly report due.

    However it was a good day for me as csl went up & compensated.

    If the DOW drops tonight lets see how it holds up. Personally I still see them as a great stock for a falling market should that happen.
 
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