Hi SP3,
Yes, it is so very simple why CVI are where they are at....as you state;
"at this stage they have not fully acquired any assets".
ABSOLUTELY correct, CVI ACTUALLY have diddly squat, nothing!!
And going by MS's track record, why should investors believe they (CVI) will ever end up signing any deals????
A pure spin of the roulette wheel....heavily wieghted towards the 'house (MS and mates, not us)' winning.
There was a time when I had my mind set on owning a million CVI...I can easily afford it right now but am awfully uncomfortable holding and sitting on a small loss on my oppies.
Anyone who is bullish on this stock right now certainly have not been holding for the past 1 1/2 years.....or they are a dreamer....or their I.Q is lower than CVI's current share price!
Good luck to all.
K-Man
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