I am so confused with CVI. I sold everything on Friday when there was strong buying, because I did not understand the funding. And I still don't. I bought a small amount of options back just before close 'in case'. Like an insurance policy.
The story is still so appealing though. I liked that brr. I am in two minds. Half of me wishes I had my old holding back... half of me is very hesitant still.
I guess the only thing I can take for comfort is that CVI are going to be a mini BHP, there are still many entry levels to come that could provide multi bag returns.
Blargh!
CVI Price at posting:
0.0¢ Sentiment: None Disclosure: Held