Thats a pretty acrimonious comment asteroider. I would say untrue.
When the Global Financial Crisis hit, CSV was sitting around $1.85. Like most companies, it fell sharply, to around 45c. Thats a massive drop of over 75%, perhaps more than a lot of companies.
However, unlike most other companies, CSV has managed increase revenue by 45%, had EBITDA growth of of 50% and increased net profit after tax by 36%. ( all quoted from half yearly results). Along the way they have picked up new contracts, and made new acquisitions.
CSV also managed to maintain a steady dividend, something not even the major banks could do.
The true value of this company should therefore be something above that value of $1.85 a share, IMO about $2.50. So I think you'll find that the price will continue to rise at a quick rate up until about $2 before things start to level out a bit.
So I think your accusation of insider trading is totally misguided, as certainly in Darwin where the company is based, everyone knows how strong the company is, your the one thats missing the ride.
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