CVT 0.00% 1.5¢ covata limited

Ann: Appendix 3Y - CA-CVT.AX, page-9

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  1. 1,775 Posts.
    Hi onyx.

    Who named it as the biggest dog in small companies.

    Patience will reward, just like it did with EXT Extract resources, that stock
    was pushed down from $1 to 36 cents if i remember correctly, and s/hs
    were pissed off and condemning the company .
    But after 5 months of it being sold down to that price, all of a sudden
    Rio had announced they had bought over 19% of the shares, it went
    back up, all the time it went down people like my self on here kept buying,
    Then we had some big investors come in, and we were taken over for
    $8.65 per share.
    CVT and EXT are completely 2 different companies but the forward
    looking contracts and deal are not small.
    when your in a partnership with a fortune 50 company, and also
    have contracts and deals to be signed off shortly with major Goverments
    i really can not see what the problem is.
    Patience by investors when you have the best product in the world will reward.


    Cheers.
    Simmo.
    Last edited by simrose: 20/10/16
 
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