CVI 0.00% 0.3¢ cvi energy corporation limited

egm, page-33

  1. 19,033 Posts.
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    Well, we could all collectively lay it on the line if we wanted to:

    I think the average share trade over the last 6 months must be around 24c.

    So to vote for a share issue at blow 24c is to give a green light to directors to dilute into a falling share-price.

    It is also an indication that shareholders see no need to "add value" for current shareholders.

    I put this to you:

    If on the day you send your vote in the share price is less than 24c, vote no.

    If the SP is at least 24c, vote yes.

    There are the games being played with this stock by insiders (eg the sudden build at 14-15c in the 15 minutes before todays announcement).

    CVI want to be able to issue the shares, and a stance like this may force management to give us what we want for a change.

    Bear in mind that after another 75m shares are issued, the retail investors will barely have a voice.

    It is now or never, if you want to be heard!

    Vive la revolution!!

 
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