"the survivor gets the jackpot."

I presume you all heard the 10th. November BRR presentation.

I liked the line "The survivor gets the jackpot."

So are CVI shareholders prepared to support their company in its hour of need by paying 1.25 cents a share and taking up the one for one entitlement issue, so helping CVI raise $6.225 million?

Because I reckon if CVI instead announced they had arranged with some brokers to place that number of shares to some "sophisticated investors" then some shareholders would be asking why they weren't offered the shares.

Mark Smyth did tell you that "The survivor gets the jackpot," and on listening to the BRR presentation CVI imo needs the funds from the rights issue in order to have a chance of getting that "jackpot."