Quote Originally Posted by Balance View Post
Too coincidental that CVT chooses to announce a potential takeover on the same day they had to announce a massive profit downgrade - case of trying to hold the sp up?

Anyone buying now or holding better hope a takeover offer eventuates!
Agreed, its very "Con vienient" ! Just another way directors and management are completely violating trust ? (after all if they were required to disclose this under the continuous disclosure obligations of the NZX it doesn't take a rocket scientist to understand this should have happened already).
Given there is no firm commitment from the interested party at this stage its highly debatable this needed disclosure at all.
All seems more than a little "Con trived"