CI1 (ASX) CI1 General discussion

Originally posted by P0RTER: ↑

flex I think ci1 maybe exists on a time-scale some of us just aren't used to on the Aussie market, we are used to having companies drop announcements left right and centre to justify their existence, usually because they are burning through shareholders money, Ci1 is slowly but surely adding value to our holding, as I mentioned and as you know they have been around for many years and only just expanded into Australia, they are still setting up their businesses here ironing out the fine details and would like to take advantage of this market collapse to reacquire their company before they can't get any shares anymore. Maybe these guys just wanna wait till everything settles and is running nicely before jumping the gun with announcements, afterall they jumped the gun with capital raise at 4 cent and that fell through, and maybe they are restricted in certain aspects because im sure ASIC has a very close eye on these guys, so they are not wanting to make any more mistakes from here, also maybe preventing them from insider buying. Again and I have said this before it's a 2 fold effect as they keep quite, it's get them more ownship as we feel uninformed. Honestly I don't even think ci1 needs to do a capital raise and I would rather them continue grow slow and do it right then be pressured into taking capital at a high cost, because right now raising would not be the play and I reckon jimmie knows that. I actually don't like the idea of raising money, the business can just slowly focus on small very well managed expansion. They will wait till the company has better valuation to raise capital if they even need to. I could see some other outcomes like a private or public buy out by either jimmie or someone else, but I reckon they like playing the public share buy sell game, just realise these guys aren't simply holders they will sell shares when the company is overvalued and so should everyone else.

just my opinion and I don't really know much. Dyor

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hey Porter

Plenty of things you’ve said I agree but with few things I disagree in, without going into to much details. Firstly I would say we need more capital for what Jim is out to achieve so he can for fill his obligation in suggesting expanding into other countries and into the current ones also etc etc. At the moment I’m under the understanding that the profitable subsidiaries are paying for the non profitable subsidiaries, hence the classic saying “let’s rob Paul to pay Peter, which to me is a false economy you may disagree. If robbing the profitable subsidiaries to pay for the non profitable ideas, then what will the balance sheet look like between profits and losses, what value will it add to Ci1 and how much can we move forward when wasting profits / capital? imo

I will say their are plenty of people here who can correct you in what you’ve said on many things including Mr Cred but I doubt they will, its been all said in the past as I’ve witnessed most. Perhaps for reasons been labeled downrampers an un justified label they won’t bother correcting you, in the same breath I would say 99.9% all investors on HC want Ci1 to succeed as many are playing the devils advocate catching the devil from deviating from its course.imo

not professional DYOR