CVT 0.00% 1.5¢ covata limited

I think the issue is that something was leaked & the big jumps...

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  1. 54 Posts.
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    I think the issue is that something was leaked & the big jumps on Friday/Monday prior to the trading halt mostly covered the gains that would have been made by the acquisition announcement.

    The SP has gone from 3.8c a fortnight ago to steady around 6.2c - I think that's enough of a jump given the two announcements in that time.

    Let's see what happens in the next 6-8 weeks, hopefully a few more good sales/contracts and we'll see the SP increase again.

    I think it's a good buy at 6c and it'll hit 10c (stable) by December.
 
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