RE: Venezuela1 Jun 2026 12:09
On the VZLA management presentation just now, Greig Gilbert twice nervously said: "I cant talk about CRCL".
That means the lawyers all around him had strictly instructed him: "Obviously, you cant say a single word about CRCL in the context of VZLA".
Why not?
It would have been INSIDE INFORMATION.
CRCL is obviously going to be taken over/merged into VZLA.
That make sense operationally, deals with all obvious conflicts of interests for the Gilbert family and puts everything under a simple, transparent single entity on VZLA.
Clear as day...
Recommendation: STRONG BUY CRCL. Even before all the Venezuela interest, the brokers have the target price of CRCL at 1.4p...they now need to add in a control premium.