Hi farma/123,
Point taken, but if they say dribbled out 30 million a week for 6 months that’s 780M shares. You could think that is ambitious but I don’t believe its inconceivable. If you have a look at past examples of clapped-out stocks with huge numbers of shares on issue and 1c & sub-1c SP (DGM of old and NWT before it really got sick at 0.2c) the daily volumes tend to scream up once the 1c price is accepted by the market.
Right now CVI has many on the register who think it is ridiculously cheap and don’t want to do business at these levels. Once there is capitulation on that thinking, I would suggest the volume will get consistently bigger. And if they don’t clear’m all in time, does it matter.
Some seem to think that CVI is a money printing machine fueled by tardy PR. Time will tell.
S
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