CVI
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0.00% 0.3¢ cvi energy corporation limited

rights issue at 4c - last traded at 10c

  1. summertime
    571 Posts.
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    03/04/06
    16:58
    Post #: 1473830
    See attached link. 4c rights issue announced on 29th March with free attached option to each share.

    http://imagesignal.comsec.com.au/asxdata/20060329/pdf/00601946.pdf

    I see they are looking to invest in the uranium sector. If they can get hold of a reasonable uranium project there's no reason why this stock won't be worth mkt cap $20 - $30m. With 160,000,000 shares post rights issue that's around 12c to 20c. My free oppies will be hovering around the 4c - 12c mark and they won't have cost a thing!

    Look forward to any comments
    CVI Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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