good news from cvi, page-39

Cant understand the sell off later in the day, CVI has a share place offer from West African and European Banks....

CityView signs contract for acquisition of refinery for West Africa.
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Debt Funding from West African and European Banks.
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Of the US$320 million purchase consideration, US$150 million to be raised by placement of CityView shares at Aus 20c per share.

The CEO of CVI announced on a radio interview that CVI shares are worth 40 cents to date.

Hope to see CVI rebound after today