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CI1 General discussion, page-484

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CaptainSteve

3,323 Posts.

1270

03/05/22

11:27

Post #: 61168075
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Originally posted by Oakiedoker ↑

Have held CI1 for many years now on the justification that it was a sensible business model that was actually in the green (a rare feat for a company of its cap size). Unfortunately, things really seem to have gone off the rails these last 12 months which all seemed to start after Will Banks sudden hiring and rapid exit mere months later. The consolidation has seemingly just provided more space for the SP to plummet. Actions speak louder than words and if the board/the CEO themselves wont buy at this level, suggests that nobody should.

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It started after the $6mil capital raise was pulled out of by CI1 IMO. Nothing to do with Banks.

The provider of those funds is also into BNPL so the CI1 board position request was justifiably turned down. Who would want the competition on the board.

GLTAH DYOR.

CI1 Price at posting: 0.7¢ Sentiment: Hold Disclosure: Held
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