CVO 0.00% $1.95 cover-more group limited

price action, page-8

  1. 1,521 Posts.
    Well dimaz11, it appears that you have good sources.

    Cresent Capital Partners have now sold their 13% stake in CVO, for $2.13 a share.
    With the recent $00.07 dividend, that makes $2.20 a share, which is a 10% premium to the float price.
    Not outstanding for Cresent, but with ISIS beheadings and Ebola all over the news, I guess pricing was difficult.

    If Ebola jumped continents, then I suppose CVO, could raise its travel insurance premiums.
    Personally, I am impressed at how the big institutions, are becoming large holders of this stock, so I would be surprised if the SP moves South from here.
 
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