CVN 2.50% 19.5¢ carnarvon energy limited

where is it headed, page-5

  1. 19,172 Posts.
    lightbulb Created with Sketch. 1838
    Smoo, my crystal ball has just come back from the polisher so you picked a good time to ask.
    I can clearly see the future now and the news is very good.
    Like everyone is suggesting, news WILL come out on Tuesday morning and it will tell us all of an abundance of oil flowing from the fractured zones that they've been testing. This will coincide with the investor presentation and thankfully will bring about some very prominant institutional buying.
    The share price will push up to the mid 70's where traders will temporarily halt the progress. Buying will be too strong with the new high oil price of $125 a barrel and the share price will continue on to 86c.
    Things get a little cloudy in my chrystal ball then but it looks suspiciously like a capital raising for a new venture and/or a possible takeover!

    Now, does anyone want to know future weather reports too, or maybe who Geelong is going to beat in the AFL grand final this year?

    Sorry for the sarcastic humour Smoo, but I thought I was funny.....
    I've got to get out more!
 
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