CMV 0.00% 0.6¢ cma corporation limited

spp, page-4

  1. 5,864 Posts.
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    Been very strong of late given the recent rights issue.

    New addition should add considerably to bottom line if it can be consumed properly.

    Recent strength hints at some possible good news on the way imo......Maybe a little bonus around September....

    But I'm only guessing here :)

    Hope the remedial division lives up to expectations this time, as predicted?

    More liquidity & higher market cap can only help put CMV on a few more radars imo.

    Don't think some of the directors were taking up too many (From memory) although one director was taking up almost all of their allotment, so quite a few will fall into the hands of the underwritters. Seems like a wasted opportunity to me given the arbitrage available, butthat's easy to see in hindsight & directors may not of been in a position to take up all of their offer due to cash restraints.

    Still looks very good llonger term.....Should have turnover of over $200 mil & a nice pile of profits if recent acquisitions live up to expectations. Returns can't be too far off , one would think?

    Luck all.
 
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