CVO 0.00% $1.95 cover-more group limited

Well dimaz11, it appears that you have good sources. Cresent...

  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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