"Why somebody would like to buy CVI shares given the fact that company is going down under"
Very simple mgu...because this i suspect was part of the whole plan. Management of our company is not working for us but for external entities.
Step 1.) Pay high prices for "assets"
Step 2.) Management will make sure they fail in every company projects it endeavours. This will systematically destroy our share price.
Step 3.) Continuous share placement to external parties hostile to the company thereby diluting existing shareholders. Share prices further deteriorates.
Step 4.) Hostile entities soak up all the "worthless" scrips for next to nothing.
All the assets supposely sold to CVI now is probably back in the hands of the original vendors who are now soaking up all the worthless scrip.
This would explain why smyth is trying to keep the company's doors open.
- Forums
- ASX - By Stock
- CVI
- how much have you lost?
how much have you lost?, page-57
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CVI (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online