NEWS ARCHIVE

Hartleys buoyant about Carnarvon

THERE'S a lot to like about Carnarvon Petroleum's old time rock'n'roll, according to Hartleys' analyst Simon Andrew, given the company is now trading just above cash backing.

Haydn Black

Carnarvon has the equivalent of 10.5c per share in cash, with a share price on Friday of 11cps, which means the market isn't pricing on the impact of the game-changing Phoenix South-1 oil discovery or...

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