CVN 0.00% 20.0¢ carnarvon energy limited

The following Hot Copper commentary has been posted on the BPT...

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    The following Hot Copper commentary has been posted on the BPT threads:-

    "We are focused on Australia and New Zealand in particular," Engelbrecht told analysts on a call after the company reported its annual results.
    "We are looking at if potential assets can feed our current infrastructure. That's probably priority number one," he said.
    "If it's producing that's a plus, but we're not focused on anything in particular in terms of whether it's greenfields, brownfields or producing."

    So does CVN fit the bill? A T/O offer from BPT may not be out of the question and could at least give the share price a bit of momentum, even if it is unlikely to be tempting. Look at what BHP's offer has done for OZL's share price.
 
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