good things to do with what remains of cvi, page-8

No incentive to push this along from anyone...

We have two dominant sides;

1. The disgruntled shareholders who collectively are sitting on something like 200-250m shares (130m voted at the EGM, but many more will be silently in the same camp). Rightly or wrongly, these people have basically lost confidence in the Company and anything they might have to say...the trust is gone and may not be recoverable.

2. The other dominant side are the recent large placement recipients...about 450m shares here...clearly non-emotive, they either genuinely want to own the Company's assets, potentially via a cheap take-out...or...they want to sell into a rising, high volume market. If the former, they will not only need to buy the rest of the Company, but pay for development of assets out of their own pockets...I can see it. If the latter however, the off-loading of some 450m shares will require a fair bit of volume...lol

I can't see any real chance of this in the current market, especially with a dispondent, distrusting retail market here.

So...here we sit...everyone wants to see higher prices, but neither side is prepared to be the one to push it along for fear the other will use such buying to sell into.

We appear to havee a clear case of "failure to launch" on every attempt at a buy-up.

The only way to short-circuit such a situation is with a catalyst...but what? I cannot see anything on the horizon, announcement wise, that would install confidence to the extent required.

As I said, voting down of the bonus options was a serious mistake...it killed sentiment, it killed any semblance of trust that remained, obliterating all remaining confidence in one fell swoop...and in the process, killed of a potential source of "incentive" to push the stock along by certain elements of the retail market, who would have been clearly attracted to the "leverage game" available via 1.25c options...which of itself would have provided the perfect springboard for those with other incentive to push the stock even higher.

As I said in a previous post, it was the first emotive desision I have seen made in this whole process...and very clearly an own goal in my view.

Cheers!