CVI 0.00% 0.3¢ cvi energy corporation limited

re: Ann: Entitlements Issue Notification of u... BANGUS;The...

  1. 2,656 Posts.
    re: Ann: Entitlements Issue Notification of u... BANGUS;

    The largest point being that the 479m shortfall are to be placed over the next 3 months.

    Pretty safe to assume the SP will stay at 1.1 - 1.4 range for a long time.

    Really, all that is left here is an office and a handfull of announcements.

    As Snacks said, either sell out or hold the shares for 5 or so years when this vehicle gets re-invented into another P&D machine and you can maybe get out.

    And by the level of posting activity i can only assume that everyone has conceeeded a loss or waiting until that day arrives, as this announcement is terrible news.

    The EGM is the only big thing on the horizon !

    Best of luck.

    Bacchus
 
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