CGP 6.78% 6.3¢ consegna group limited

re: Ann: Consegna advances commercialisation ... Hard to know...

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  1. 582 Posts.
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    re: Ann: Consegna advances commercialisation ... Hard to know what to think other than none of us like the current SP.

    Last week I'd say probably people freeing up cash for RI and good to see a Director mopping up some of that by buying on market.

    As for today's action? Not sure I'd say it's sinister, but it better be short lived. asf - you could also add tax loss selling & individual circumstances to your list of possibilities.

    However, I very much doubt the underwriters are trying to wriggle out of their underwriting obligation. I suspect there was plenty of interest from sub underwriters as well in RI.

    I tend to agree with Samson and I'm bunkering down for a few more weeks.

    The recent quarterly outlined quite clearly what was ahead in the coming months. We should expect some reasonable newsflow based on that. Also the appointment of someone as experienced and connected as Jane Ballantyne has to be a positive and hints that things are slowly moving in the right direction.
 
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