CVG convergent minerals limited
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basic maths

  1. seuss
    10,297 Posts.
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    05/09/11
    19:14
    Post #: 8919097
    cvg is going to consolidate 1 share for every 2 held for the blackwood coal backdoor listing it will also issue a ipo for 20 cents a share. so any stock purchased under 10c will be below the 20 cent ipo. so buying it now @7c( 14cents) is still below the 20c ipo price and even if it falls a 2 or 3 cents on listing your still ahead . not much downside to be be in at this price
    CVG Price at posting: 7.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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