CDX 5.36% 5.3¢ cardiex limited

Ann: CardieX November 2019 Corporate Update & Plan, page-14

  1. 5,535 Posts.
    lightbulb Created with Sketch. 2684
    Me too, Lexcorp.

    Relentless ATM. Surprised to see it hold the gain today, didn't think it would. Then again, there's decent support on the bid just below, which at the moment never seems to get hit, although as Nick said, 2.2 remains a possibility. That would be a buy for me.

    Perhaps of more interest is, why?

    Is it someone genuinely exiting, or is it something else?

    Paul Cozzi is no slouch. Significant position-build over 2-3 years. Must like what he sees and have something in mind.

    Neither is King Nelson or Niall Cairns for that matter. And the management team CC has assembled is world class.

    Makes me feel like it's something else.

    Last edited by writer: 27/11/19
 
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