Australia's largest stock trading and investment forum Australia's #1 stock forum

CVO HLO

yes go south those comments prescient - thing is is todays sell...

First 7 Last

Share
Profile

Follow
stayer

4,717 Posts.

37

20/02/15

10:17

Post #: 14789058
Share

Originally posted by gosouth ↑

IMO very good management by CVO to issue an update to address the market reaction to FLTs release.
The $1.70 mark is a strong area of market support for CVO and it bounced off it quickly today.
But if this level fails in the near future then it could be a grim period ahead.
The problem for CVO is that it trades on relatively high P/E and if the sector comes under a cloud which now appears to be the case, then CVO might be seen to warrant a lower P/E.....?
I like the business model and will stick with this one.

Cheers
Gosouth

Expand

yes go south those comments prescient - thing is is todays sell off a good opportunity? I am tending to think so as the result could have been worse especially given current conditions -and as p doobes said about the falling dollar (and the co itself refers to the headwinds that caused!)

HLO Price at posting: 33.0¢ Sentiment: None Disclosure: Not Held

CVO Price at posting: $1.84 Sentiment: Hold Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

AXP

Tambourah chases gold veins and mineralisation extension with drilling

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

There are more pages in this discussion • 7 more messages in this thread...

First 7 Last

Add CVO (ASX) to my watchlist

SPONSORED BY