CVI 0.00% 0.3¢ cvi energy corporation limited

meeting with ms, page-113

  1. 3,715 Posts.
    Hi Bacchus

    Do you think a consolidation would be on the cards after all that is done and dusted to keep it tight and ensure SP appreciation ?

    I don't think so. With the Angolans and backers likely holding tightly on to the majority of the 88% of the CVI stock, that would give less than 10% of the company as free float.

    If the stock was sitting in a price range much higher than where it is now I don't think it would matter.

    BHP for example has 3,356,081,497 shares on issue - hasn't done them any harm!

    Cheers
 
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