CGP 6.78% 6.3¢ consegna group limited

profit take?, page-11

  1. 3,993 Posts.
    KoolKat

    to the naked eye i agree it is dissapointing to see the price at which we sold 75m IMU shares when looking at the price at which IMU is now. But in regards to this matter we should remember two things:
    1) That we still retained 25million which is at least some positive
    2) That the "movers and shakers" on IMU probably pushed the share price higher in part because of the fact that CGP sold their shares. They would've known there wouldn't have been this overhang on IMU by CGP because 75% of our stake had been sold so, along with other developments over there, added to the reason to pump up the price of IMU

    this is all just IMHO of course.

    In terms of the share price we are seeing today on CGP and CGPOA, never been a better time to buy and i am taking full advantage of any price weaknesses on both the oppies and the heads. In a couple of months we will look back and say remember when the heads were 7.9c... IMO

    I have always said i have and still do have very high hopes for this stock. ISN time multi-bagger "hopes"
 
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