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CVN - Carnarvon Petroleum

Discussion in 'Stocks 0-H' started by yogi-in-oz, Jun 6, 2006.

sentifi.com

Aussie Stock Forum Sentifi Top themes and market attention on:

  1. BlindSquirrel

    BlindSquirrel

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    Nice.
    upload_2019-10-8_8-52-2.png
     
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  2. BlindSquirrel

    BlindSquirrel

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    and yet, we're back to the same SP as two weeks ago.

    I'm expecting a takeover offer at some point. At the risk of needing to reinforce this foil hat, something/someone must be holding the price down for their reasons. Any inklings of how long these shenanigans usually take to play out?
    There's been 4 positive announcements since the end of July when the placement closed and the price has been in the mid-high 30s since then.
     
  3. Ferret

    Ferret

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    I thought the positive end to the drilling campaign might have resulted in more of a share price response too.

    I didn't hold CVN but decided to buy in after this latest announcement. No profit yet.

    Dorado is looking so good that I, too, think a takeover is a possibility.
     
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  4. Ferret

    Ferret

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    upload_2019-11-28_23-32-34.png

    CVN has been looking a bit sick since I bought in early October.

    I guess it was a mistake buying just after the closing announcement for the Dorado drilling and when the next likely catalyst would be FEED go ahead in first quarter 2020.

    I saw a director bought this week. I'm tempted to average down at 33c, but it's a sick looking chart and that next catalyst is still a way off.
     
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  5. Trav.

    Trav.

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    Unfortunately I am in a similar position and should have sold in June but got sucked in by the hype and my greed. Obviously the oil isn't going anywhere but has tied up funds for other trade opportunities. Waiting patiently for the next move.
     
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  6. Trav.

    Trav.

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    Announcment out today following up Santos's yesterday.

    CVN up 3% yesterday which was nice for a change. I suppose until the finance option is sorted or some other option ( eg takeover) then the SP will probabl just drift along ( hopefully not much further down)

    https://www.asx.com.au/asxpdf/20191203/pdf/44c78tpdpgy2q7.pdf

    upload_2019-12-3_6-15-14.png
     
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