Kevin, It has all been planned from the very beginning. What happened to the million shares issued to Prominent Angolans? They were effectively all placed with Global and sold at market. All the placements in the recent months, around 100m shares, were placed with Global and sold at market. All these placements were meant to destroy CVI share price. Today's rights issue is part of the same plan. As very few shareholders will take the placement, Global will be left with hundreds of millions of shares that it will sell at market, destroying the share price beyond imagination. Then they will just transfer CVI leases to another shell and start again the same scam somewhere else. The writing is on the wall. Cheers, BT
CVI Price at posting:
1.3¢ Sentiment: None Disclosure: Held
