CVN 3.45% 15.0¢ carnarvon energy limited

entropylord - why was the 1st market reaction - so bizarre . ?...

  1. 742 Posts.
    lightbulb Created with Sketch. 1
    entropylord - why was the 1st market reaction - so bizarre . ?

    Peter S . of stockanalysis had for some months very bullish re CVN pointing out that the Thai assets underwrote the SP of ard. 8cts so the Phoenix drilling came free. He got me to considerably up my holding.

    Immed. following the 1st annonc, he was highly unenthusiastic in his " feedback comments " such that I was very tempted to dump the lot - seeing that he had long put CVN high or top in his recommended investments & obviously Knew the situation very well.

    Fortunately the drop in SP below 8 - I decided to hold.

    It is possible other P. S followers had the same reaction.
 
watchlist Created with Sketch. Add CVN (ASX) to my watchlist
(20min delay)
Last
15.0¢
Change
0.005(3.45%)
Mkt cap ! $268.3M
Open High Low Value Volume
14.5¢ 15.0¢ 14.5¢ $145.3K 977.4K

Buyers (Bids)

No. Vol. Price($)
14 991110 14.5¢
 

Sellers (Offers)

Price($) Vol. No.
15.0¢ 1237971 13
View Market Depth
Last trade - 16.10pm 18/09/2024 (20 minute delay) ?
CVN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.