The only things I learnt from this video interview is that the current share price is between 10-12c, the merger with Pensador is anticipated to be at least 30c per share, the merger will take place before the end of the year, and investors have the potential to double their money within the next 3 months.
If I was a new investor researching this stock after that interview I'd be saying what the...?
The price has not been between 10-12c since mid July (other than a 1 day stint up to 10.5c last week). In fact it's been below 10c for weeks. Therefore wouldn't I have the potential to triple my money, not double it??
I'd be saying this CEO doesn't know much about the current share price, and he can't do basic maths of how many times does 10c go into 30c.....
Cheers
CVI Price at posting:
0.0¢ Sentiment: None Disclosure: Held
