Mate, Wake up. I'm not down ramping. I'm a holder.
This company is at a critical juncture. If they dally around "looking at data" for 12-24 months they will play right into VINVAs hands
They need to activate and do one (or a combination) of the following
1) Arrange a large revolving credit line with a local bank (ANZ or Macquarie) that unequivocally guarantees no cap raises for at least 3 years & will cover CVN's share of Dorado development.
2) Sell a 50% stake/interest in Buffalo or bite the bullet and sell 100%.
Use the funds for Dorado development and avoid a cap raise.
3) Sell down a stake in Dorado and avoid a cap raise.
Whats your solution.. "Be patient"??
If you keep back slapping Adrian you a lemming. VINVA loves people like you...
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- Ann: Annual General Meeting Presentation 2019
Ann: Annual General Meeting Presentation 2019, page-246
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Mkt cap ! $348.8M |
Open | High | Low | Value | Volume |
19.5¢ | 20.0¢ | 19.5¢ | $386.1K | 1.979M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 425882 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 256926 | 7 |
View Market Depth
No. | Vol. | Price($) |
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5 | 375882 | 0.195 |
12 | 759750 | 0.190 |
14 | 2696117 | 0.185 |
5 | 800000 | 0.180 |
5 | 327022 | 0.175 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 256926 | 7 |
0.205 | 403228 | 9 |
0.210 | 910200 | 15 |
0.215 | 539005 | 7 |
0.220 | 1709761 | 17 |
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