CVI 0.00% 0.3¢ cvi energy corporation limited

Mulgabill,The reality is that if CVI want to keep operating or...

  1. 612 Posts.
    Mulgabill,
    The reality is that if CVI want to keep operating or "god forbid" even need cash to purchase an asset, they will need to do a fund raising.
    In current credit conditions, if they could convince someone to buy shares of a company who has a few assets and many broken promises, I cant see how they could raise at better than 1 cents per share. If they raise $500K then this is 500k shares. The dilution that CVI will experience in order to stay afloat now is immense and this is another reason why they are on struggle street.
    You are mentioning all the things that they have to look forward to in the next twelve months but have you considered the "how" will they do this? Have you considered the massive dilution?
 
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