Ann: Trading Halt, page-12

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24/06/18

19:05

Post #: 33914097
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Originally posted by rdncoic ↑

Some never-CVS posters here have posted that they have difficulties in understanding price sensitive documents posted here on the CVS thread. I am a real nice person and so I will help them to understand just what the document is possibly announcing. The information posted below may or not mean that positive results have been assessed in reference to initial drilling results but prior to commencement of trading on Tuesday 26 June 2018 everyone will know just why CVS requested a trading halt. In order to quell insider trading or whatever, a trading stop is now in effect.

The trading stop also means that if there is a spike in SP, it will be too late to buy in on the low if you have not done so already. You will have to buy in on the high. But not to worry because I have a lot of shares of CVS to sell you in the event of a SP increase or spike. I will be glad to help you all out with expensive shares of CVS. I always want to help out the less fortunate. If no "Ball Buster News" is posted, we can all go back to sleep until the full report is released...............................

In accordance with ASX Listing Rule 17.1, Cervantes Corporation Ltd (ASX:CVS) (“Cervantes or the Company”) requests a trading halt over the Company’s securities. The Company intends to make an announcement pending the assessment of initial drilling results.

The Company requests the trading halt be granted until the Company finalises a release in relation to the drilling results, which is expected to be released prior to the commencement of trading on Tuesday 26 June 2018.

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So the biggest promotor of CVS is going to sell his shares if there is a spike OR price increase after the announcement! That shows a lot of confidence in CVS’s future!

So I take it that his plan will be to buy those shares back when the price falls? Interesting concept being promoted on HC by a penny stock trader.

Does anyone want to buy his shares?

CVS Price at posting: 0.7¢ Sentiment: None Disclosure: Not Held
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Ann: Trading Halt, page-12

Top Stories

Parkes Au-Cu project to 'transform' Adavale Resources with key targets

Dale Gillham's weekly wrap: Bold moves in NZ, caution in Australia

Week 48 Wrap: ASX flirts with 8,500pts; APRA declines mortgage loan easing; Trump's Bessent tied to Dem donor

Resolute shares bounce back as second payment made to Mali government to secure workers' release

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

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