re: Ann: Entitlements Issue Notification of u...
Less than 4% take up of entitlements. I've sent a letter to Marc Falkiner this afternoon.
It means that another 48% of the company can be bought by anyone the Directors see fit.
Bluey, the EGM date must be announced withing 21 days of the date they signed for the papers. (which was a week ago)
The EGM will most likely be in the last week of January imo...
Hopefully CVI can announce something positive and definitive and permit shareholders another opportunity to take up entitlements with something positive to look forward to.
The management really need to sit up and take notice, and realise they are going to have to work WITH shareholders properly, not keep fobbing them off - or they are not going to be trusted.
We may not have a list of mining experience under our collective belts, but we know how to restore faith and make things happen properly.
CVI Price at posting:
1.2¢ Sentiment: None Disclosure: Held