CVI 0.00% 0.3¢ cvi energy corporation limited

"consolidation 1 for 20 ?? and how will that help them."A 1c...

  1. 320 Posts.
    "consolidation 1 for 20 ?? and how will that help them."

    A 1c placement now becomes a 20c placement. They raise say $75M, dilute existing shareholders, almost out of existence, and they have a brand-new re-birthed company on their hands – New board members, new stories, new players etc.

    Its been done time and time again Angry. You’d remember mining companies that became dot.com-ers in the early 2000s and then back to being mining company years later? This is generally how it happens
 
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