Comvita - CVT

[Balance]

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"

CVT share price tells an interesting story :

$9.15 in Jan 2018 and the company reported a strong half in Feb 2018 and reaffirmed its full year's forecast.

Share price went lower and lower however until it reached $6.97 at end of March - 24% decline in the absence of any 'bad' news from the company. So who had been selling and on what sort of information?

Share price then spiked to a high of $7.30 as at 10 April - less than a week ago. Highly suspicious when one considers the company now discloses that due diligence has been taking place in the background.

Then, the sp started dropping away in the last few days - just before today's profit downgrade announcement!

Interesting share price movements, one must observe?

FMA and NZX, in the interests of a transparent market, must investigate and clear Comvita and all those buying and selling shares since 1 Feb of being privy to any kind of special information.