4 million shares is nothing in 334mil .. shouldn't affect share price at all. dont worry about it ... you have approved the issue as shareholders at the last EGM anyway. All good, they know what they're doing.
what will drive the shareprice down is the continual negative sentiment based around delays to Kwanza, and general lack of action towards production in any of the projects.
MS has said that all is ok and Feb is looking good for Kwanza so relax, but few but the faithful will believe that, so negatitivity will continue. Diamond project announcement has fallen on deaf ears which is a shame, because it has some good value there... market will think more corporate games and little go forward towards delivery. i think it is something we can use to trade for more of fortitude, which is good.
CVI will turn around, but certainly not immediately with current run rate ... Longonjo drilling commencement would be a big, big announcement to give some confidence that things are moving forward to some real numbers. that is what we are lacking at the moment and it's starting to really hurt!
But as i said, things will fall into place, and it will be massive ...
- Forums
- ASX - By Stock
- CVI
- another dilution
another dilution, page-16
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)