CVN 2.44% 20.0¢ carnarvon energy limited

When will the bleeding stop?, page-47

  1. 482 Posts.
    lightbulb Created with Sketch. 32
    May be you could do us a favour and start selling instead!!smile.png
    Not sure that there is going to be much news coming up worthy of turning around the share price, until Dorado again in 2021. If I was smart I'd be selling into the market now, and buying back in towards the end of the year, probably in the early .20's, having said that . (But I'm not, I'm still holding). So I'm looking at adding to my holding .
    Barring any corporate activity, can't see any catalyst for a price hike for the rest of the year If there was an offer, I'd be selling into it, fully expecting a SP rise on the announcement, followed by a decline following an announcement stating the offer is rejected.
    Experience has taught me that the share price of exploration companies, no matter what the resource, tend to drop if there are long periods between drilling.
    GLTAH

 
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