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Thread: Comvita - CVT

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  1. #11
    Legend Balance's Avatar
    Join Date
    Feb 2003
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    21,959

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    Quote Originally Posted by Ogg View Post
    What happened to your $3 downside if it didn't go through?

    Why would they buy shares at $10 and $7.20, then pull out after months of negotiating. They're not gonna buy another manuka company when they can get the best (and frankly only genuine one in the eyes of the Chinese consumer) for a huge discount.
    Wait for it - the short covering buyers need to lock in their profits first.

    Only CVT board and you believe in that nonsense of Comvita being the only genuine manuka honey - but hi, Comvita obviously have a few believers of that notion out there!

    Fact is that the other players are selling heaps now via the health and souvenir shops/outlets to China buyers.

    The ants, remember?


    PS. Never seen such big ants in my life!
    Last edited by Balance; 21-05-2018 at 01:38 PM.

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