CVN 0.00% 17.0¢ carnarvon energy limited

To Hold or Fold, page-31

  1. 5,261 Posts.
    lightbulb Created with Sketch. 1204
    do the math Pannaman. Let’s say a takeover happened at 50 cents (probably more though), then acquirer would have to pay all their share of the development costs on top of that. Very little economic meat left on the bone . Any company looking at a takeover would first approach Santos to see if they could do a deal there .
 
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