CVN 2.50% 19.5¢ carnarvon energy limited

hartleys underestimation, page-2

  1. 1,073 Posts.
    Allanh,

    I concur that the valuations are grossly outdated.

    The Insto's sure have their Autobots working hard for any loose stock.

    I am quite happy to accummulate at these levels. Oil is at $142 a barrel people. With the app. 15% discount (cvn's oil has parafin penalty) thats still app $120 a barrel.

    I see Cvn back in the 70's by end of July on moderate news. If we get something better......I say blue sky.

    I have changed my sentiment to a buy from hold. I seriously found today's closing price too enticing. Could we get an even bigger bargain today?


    Who knows??????????????


    Cheers to holders


    mm



    DYOR

 
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