BUY HOLD SELL - CTD
This stock is polarising at the moment. Some love it some hate it. VGI Investments has so far written 228-pages on why the company is a sell. The fund manager has form in identifying issues with corporate governance and accounting issues. Much of this has been well publicised and the AFR seems to have a personal vendetta against Brisbane based companies and CTD in particular.
So is CTD a BUY or a SELL?
VGI Investments has currently around 2.5m reasons to be negative on the stock. Pherous pushed back yesterday and called for more transparency on hedge funds and short sellers. But he is aiming at the wrong target. VGI has been very transparent. The question the market has always struggled to answer on short selling is...Continue Reading