Ann: On-Market Share Buy Back-CSV.AX, page-2

  1. 92 Posts.
    Very surprised no one commented on this, share buy backs have a huge influence on shard price!

    Maybe as it was not flagged as sensitive?

    The big thing I still don't get is why the 30%+ drop; this Ann today literally says "we have $30mil in our kitty we don't need". The recent financials showed cash as well, these reasons + technicals are why im so bullish on CSV price rise! Prior to financials, price was actually on an upward trend as well, and was not a pimp and dump!

    Either there was a big exit on news, or someone hit a stop loss which triggered a milloj other cascading stop losses.

    Who knows, all I know is I'm dumping out my portfolio to snap up anything at these prices, and I only look for ST trades; this will be a big rebound when sentiment turns!

    Anyway, hopefully green today will get confidence back and price returning to reality. Lots of positive action today, let's see what tomorrow brings!
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.