Conspiracy theorists.... Where is your evidence ? MS must be real happy about the $14m - not. I don't think his corporate law experience would have left CVI in a hole. CVI will get something back. We still hold Pensador shares which will be listing. The market cap of CVI is absolutely irrational as it is with many other shares.
If you lack faith in CVI and have sold out, then good luck to you. If you have been shafted by a bunch of theorists that have got it wrong, then that will be your hard luck. You have to take a stance either way.....
Here is the evidence for the holders point of view
5B
Cash flows related to operating activities Current quart Year to date(9 Mont $A’000 $A’000
Cash flows related to investing activities 1.8 Payment for purchases of: (a) prospects (b) equity investments (2,560) (29,879) (c) other fixed assets - 1.9 Proceeds from sale of: (a) prospects (b) equity investments (c) other fixed assets - - - - - - 1.10 Loans to other entities - - 1.11 Loans repaid by other entities - - 1.12 Other (provide details if material) - - Net investing cash flows (2,560) (29,879)
1.13 Total operating and investing cash flows (carried forward) (3,001) (34,085)
CVI Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held