Home > Boards > Canadian > Medical - Healthcare > Covalon Technology Limited (TSXV:COV)

COV.V - finally bought back at $C 5.90 today....

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
dr_airtime Member Profile
 
Followed By 40
Posts 1,395
Boards Moderated 0
Alias Born 06/14/11
160x600 placeholder
dr_airtime   Monday, 11/26/18 01:11:00 PM
Re: CPTMatt post# 386
Post # of 424 
COV.V - finally bought back at $C 5.90 today....

...after selling most around $4.50 prior to big run up this year. Oops. C'est la vie .

Buying back higher but fundamentals better and I'm hoping correction is mostly done.

I'll buy more if she goes down. The intra-day ~$5.00 bottom could be the technical low but who really knows.

CPTMatt - as to your question from a few years ago. The purchase price for Avaguard was high on a P/E basis but not bad on a revenue basis (1.5X). I'm assuming there are huge synergies here and Covalon get immediately get access to Avaguard's US sales channel and maybe there is a play they are thinking of where Covalon use's Avaguard's waterproof shower bandage technology for their core products.



Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist