CVN 0.00% 19.5¢ carnarvon energy limited

Hi Mikayla,Always find it interesting that the oil price is such...

  1. 349 Posts.
    Hi Mikayla,

    Always find it interesting that the oil price is such a contributer to the dow plunge and people just toss out their oiler stock when actual value has increased. With POI at US$88 implied SP value of production is >50c !! With POI at US$75 implied SP value of production is >40c !!

    So 38c has revealed itself as support. Todays sellers will be buying into the rally in the coming days ...

    cheers
    neo
 
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