CVI cvi energy corporation limited
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It is very unlikely that directors will buy on market so close...

  1. 123enen
    9,445 Posts.
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    14/11/08
    14:53
    Post #: 4499363
    It is very unlikely that directors will buy on market so close to a rights issue.

    Their logic would be: why give money to the market when we could be giving money to the company by buying up the rights issue stock, including any surplus not taken up by shareholders.

    If they were genuinelly interested they would have purchased on market BEFORE ex entitlement date.
    CVI Price at posting: 1.1¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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