This 3B (the second one) with the 2 million share placement really peeses me off to be truthful.
I made this post last night:
1.What's the possibility that it's in Fortitudes best interests to keep our price down at a reasonably low level until the deal is signed and sealed with them?
2.Any future placement getters perhaps coming on board who have a vested interest in a lower share price now?
Just thinking outside the square!
Now teefer has talked before about some of the market manipulation that he despises.
This is what I believe may have gone down yesterday. Initially, I thought it was just impatient T3 traders exiting as the ann hadn't come that we were expecting.
Later I started thinking more laterally - and remember reading a teefer post talking about how sometimes placement getters will sell shares before receiving their placement stock.
If this is what happened, I would be VERY annoyed.
Worth looking at?
I don't have any problem whatsoever with CVI long term, but if anything untoward is happening (teefer - you suggested that Smyth look very seriously at the quality of placement receivers a while back) to advantage insiders - then I'm not happy...
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