We are Pensadoor...eventually...listing it seperately only complicates things.
We are buying into an unlisted entity, cashed up to the hilt...based on pure asset value...this is as good as it gets. Unlisted means no competing "forces" impacting the Pensador's share price.
Meanwhile, CVI embarks on a rapid price appreciation process, partly asset based, partly corporate...and no doubt, partly acquisition based?
This is how CVI management, directors, consultants and advisory board will make their money...they need to limit dilution via higher prices.
I have to say...the retention of Fortitude shares is interesting...especially given the delay...after delay...after delay...at Catabola.
Its almost as if it was advantageous not to progress the poject for some reason?
Wonder what that might be...and what good results here might do for us?
Cheers!
CVI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
