growing in buying strength again, page-10

Since it hasn't already been issued probably won't be.

There seemed to be a lot of green yesterday morning suggesting positive buying pressure in the sector. Still to spike as high as 0.47 without any news is getting into the realm of attracting a ticket. [I noticed DEG got one for a drop in price recently - first time I have registered that type of query.]

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The incentive options voted for at the recent meeting are currently well in the money (30c strike). I did ask about these, in passing, at the meeting and was told that this seldom seemed to happen - i.e. they usually expire below the strike price.

Just over 5M options @ 0.30c means another $1.5~M to the company, and some financial management issues for the affected directors if they are exercised.

On top of this the directors are stepping up the time they spend working for CVV now things are becoming more "active".


There are around 15M options 8c options still active with varying expiry dates.