CVI 0.00% 0.3¢ cvi energy corporation limited

damien83, good postout of your 3 concerns, point B concerns me...

  1. 699 Posts.
    damien83, good post

    out of your 3 concerns, point B concerns me the most.

    failure to close the deals would be a disaster for CVi, especially as we have all been led to believe the deals are almost "in the bag" so to speak.

    of course this is a possibility, and you shouldnt be in CVI if you cant afford to lose a large portion of the capital you have in CVI.

    even likely deals can fall through...for a variety of reasons...eg, when you try to buy or sell a house, sometimes the deal fails at the last hurdle.

    my other major concern is dilution.
    imo, CVI had too many placements since its rise from 7cents, and i think that has been a factor in its decline from 39 cents.

    the more shares and options out there, the more likelyhood that some of them will be sold for a quick buck.


 
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.