Yip. Confirmed. CVN officially owns 34.5% of MRI. So they issued CVN shares to Afriasia for the MRI shares. I'm not sure what the value equates to now that CVN share price has dropped to R1.90.
But initially it was meant to equate to CVN paying 10cps effectively.
Now I think that 10cps surely should be a base price. But if anyone wants to sell at 7cps, I'll gladly take them off your hands
Thanks, I didn't see the SENS Guess I should put my order in at 8c then There is really just one seller left under 10c, doubt he will last long.
I wonder how CVN plans to contribute to this business...