CVN 2.50% 20.5¢ carnarvon energy limited

relax guys, we need stability in the market before confidence...

  1. 688 Posts.
    relax guys, we need stability in the market before confidence returns. We don't want metioric rises and falls, for the bigger picture once we have stability, then fundamental values will return. Until then we will not see much movement.

    for my money, cvn is much undervalued at present, and I am buying small parcels at these lows. I know we have been saying this for a while now, but it is true. The development of the other fields will occur alongside the production increases in nse.

    Reserves and cash will win out.

    cheers

    Steve
 
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