Yep - as a fund manager I guess they always liquidate the stocks their "dumb equity" investors tell them to......more likely as a fund manager they weigh up which stock they believe have the worst chance of performing in the short to medium term and liquidate holdings in those to cover redemptions.....why is CDV on this list....maybe it is the case of a dumb fund manager that can't see the short or long term potential of CDV......or maybe it is a fund manager that has had enough of the hand waving and gas bagging and a lack of the doing that a number of us on this forum are suffering from as well in respect to how this is being managed and the lack of return on capital and in this instance a negative return on capital for 2 years.
who knows the answer...all I know is a Top20 is selling down - FACT and at a loss and this is never a good sign - Opinion
CDV Price at posting:
41.0¢ Sentiment: Hold Disclosure: Held
