I asked MS these questions 4 weeks ago. 1- When is the Global saga going to end?
2- Why Global are relentlessly selling at a loss while they supposedly paid 22c a share. It doesn’t make sense to me.
3- Regarding the clawback, I always understood that the higher CVI share price is the better it is and less dilution we will get. So who is benefiting from a low share price?
His answer was
"I am delighted that CityView has passed the work programme burden on to Pensador : money is pouring out from Pensador into the Angolan operations , and Global have been helping them with a portion of this."
Cheers, BT
CVI Price at posting:
0.0¢ Sentiment: None Disclosure: Held