I was reading the CVA saga yesterday and wondering what a likely outcome of the $6m+ in cash may be.
Firstly I would personally like to thank the current board of CVA for selling me my holding at 11.5 cents. That was just dandy. I must admit you didn't have to be too bright at the time to realise this was not a good sale price for Clever.
Does anyone know much about Clever and have a view whether the resolutions will get up or not. If the current two are removed it is pretty obvious a deal is in the works.
The subsequent combination of BGL and CVA makes very logical sense even to a Beerguy and even more so now that CVA have sold their network.
And another wildcard. I wonder what M2 think about all this. Wait for the outcome of the meeting then have a crack at a consolidated entity.
However it plays out it is going to be an interesting twelve months and potentially very profitable. I topped up a few more the other day at 16.5 cause dont think we are ever going to see early teens again. Lucky bugger who got the 15's. Unfortunately Beerguys are slow.
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Last
$1.27 |
Change
-0.055(4.17%) |
Mkt cap ! $1.619B |
Open | High | Low | Value | Volume |
$1.30 | $1.31 | $1.26 | $14.80M | 11.54M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 76737 | $1.27 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.27 | 21711 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 76737 | 1.265 |
8 | 101905 | 1.260 |
6 | 225487 | 1.255 |
19 | 372678 | 1.250 |
3 | 16726 | 1.245 |
Price($) | Vol. | No. |
---|---|---|
1.270 | 21711 | 2 |
1.275 | 63700 | 2 |
1.280 | 116089 | 7 |
1.285 | 137734 | 7 |
1.290 | 8726 | 1 |
Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
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