Conspiracy theories on every thread. If the big boys want a piece of this all they have to do is approach the company like the other lot with the $3.45m.
Plenty of liquidity here and the daytraders are still sniffing around. The cappers have enough money to be a pest, allways in the queue a couple of cents up. Not enough dough to contact the company and put 5m shares in escrow for 12 months.
No major selling on close on any days in the last week. With management obviously in lock down in London at the moment big changes will come. They are obviously capital raising, the company needs $ as operations are spread thin over a few countries on the dark continent.
The team that the comapny has assembled are no slouches, and there probably exists no need to roadshow this to all and sundry. Seeing that the company has been contacted in relation to the 3.45m placement and the Angolan government's eagerness to get CVI on the ground speaks volumes.
Traders will trade at their own peril based on their mortgage payments etc. Holders and investors will buy in the dips and see no sane reason to get out and get back in to pick up an extra few thousand shares, not to mention the tax.
All the best
Bacchus
CVI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
