The placements were made THROUGH Global to multiple clients not TO it directly. Global is just a high net worth broker which looks for special situations. The updated shareholder list will have a few of these on it, and perhaps one or two will make the top 20. From what I have heard it is being put in pretty safe hands (considering this is a bear market) and is unlikely to traded for a couple of cents contrary to popular belief.
There is a bigger play building here, question is whether the market has the patience to see it come to fruition. I watched Hardman do something similar but of course those were better times.
Congrats to CVI for holding steady on a day when the world lost its head.
- Forums
- ASX - By Stock
- CVI
- top 20 update
top 20 update, page-28
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)