CVI 0.00% 0.3¢ cvi energy corporation limited

30c for fortitude shares, page-9

  1. 3,715 Posts.
    mattyr,

    So where did the majority of Cityview's money go?


    That's the $64,000,000 question!

    CVI have been burning money over the last several months - $10-15M from memory.

    That is not blown on international flights (unless you take Air Snacks or was it Air Raks that came back with a $20K flight cost to Angola).

    ;-)

    Just where has it gone? You can either subscribe to the sentiment that this is all a massive Ponzi scheme, or a Nigerian inheritance - or you can subscribe to the view that the people in charge of the company have a clue and that they can find their arse with both hands.

    I am looking forward to getting info in the AGM of what they spent money on.
 
watchlist Created with Sketch. Add CVI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.