I was reading the CVA saga yesterday and wondering what a likely outcome of the $6m+ in cash may be.
Firstly I would personally like to thank the current board of CVA for selling me my holding at 11.5 cents. That was just dandy. I must admit you didn't have to be too bright at the time to realise this was not a good sale price for Clever.
Does anyone know much about Clever and have a view whether the resolutions will get up or not. If the current two are removed it is pretty obvious a deal is in the works.
The subsequent combination of BGL and CVA makes very logical sense even to a Beerguy and even more so now that CVA have sold their network.
And another wildcard. I wonder what M2 think about all this. Wait for the outcome of the meeting then have a crack at a consolidated entity.
However it plays out it is going to be an interesting twelve months and potentially very profitable. I topped up a few more the other day at 16.5 cause dont think we are ever going to see early teens again. Lucky bugger who got the 15's. Unfortunately Beerguys are slow.
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Last
$1.38 |
Change
0.053(3.95%) |
Mkt cap ! $1.739B |
Open | High | Low | Value | Volume |
$1.35 | $1.39 | $1.34 | $13.60M | 9.954M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
39 | 186506 | $1.38 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.39 | 8282 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
40 | 186605 | 1.380 |
22 | 212739 | 1.375 |
26 | 385579 | 1.370 |
18 | 118087 | 1.365 |
12 | 230353 | 1.360 |
Price($) | Vol. | No. |
---|---|---|
1.385 | 10234 | 10 |
1.390 | 214521 | 40 |
1.395 | 185048 | 23 |
1.400 | 291201 | 17 |
1.405 | 506038 | 10 |
Last trade - 12.23pm 31/07/2024 (20 minute delay) ? |
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