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Thread: Comvita - CVT

  1. #1661
    Guru
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    Now in a halt.

  2. #1662
    Investor
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    Jul 2014
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    Explains why its been in such high price gyrations over past couple of weeks...

  3. #1663
    Senior Member
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    This is a common trap set by a lot of companies with horrendous balance sheets who all of a sudden spike on sentiment or hype . Enter and exit don’t sit there hoping for a magic fix

  4. #1664
    Primate dartMonkey's Avatar
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    Glad to have got out when I did. So much for support at $4. I confess I nearly bought in at the close day before yesterday. Nearly bought in yesterday at the close too.
    The secret of eternal youth is arrested development.

  5. #1665
    ShareTrader Legend bull....'s Avatar
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    Jan 2002
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    2.50 im getting a bargain for a great company
    one step ahead of the herd

  6. #1666
    Member
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    $2.50 seems like a big discount.

  7. #1667
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    Quote Originally Posted by bull.... View Post
    2.50 im getting a bargain for a great company
    I take it you've been caught holding more than you would like eh bull...? Got caught on the wrong side of the bounce?

  8. #1668
    ShareTrader Legend bull....'s Avatar
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    Quote Originally Posted by jonu View Post
    I take it you've been caught holding more than you would like eh bull...? Got caught on the wrong side of the bounce?
    as mentioned on the thread i started nibbling a while back around $3 as a contraian play , nibbling means you keep nibbling to you get your fill.
    i told balance i sold to inflate his ego cause i got sick of his down ramping of how bad the company was but have always said on here it was bad management that has caused a lot of the problems and that can be fixed.
    one step ahead of the herd

  9. #1669
    Senior Member
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    Yes, its all clear now. I wondered why the SP was going north. I sold out a few weeks ago. CVT cancelled the CR when the SP went down below $3. I am not fully convinced we are getting the right picture here.
    Sentiment: SELL but not Holding.
    Last edited by bottomfeeder; 29-05-2020 at 10:16 AM. Reason: Dont want to be sued.

  10. #1670
    Junior Member
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    May 2020
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    Auckland
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    Is this good or Bad if i'm a shareholder ? Lets say i bought at $3.50

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