re: Ann: Coalspur Secures US$300 Million Seni... Lance,
Given the environment it is actually not a too bad deal.
I thought financial close was end of the financial year?
If you google mining equipment there is plenty for sale- at a good discount... A 10% stAke by a JV parter may result with further capex reductions....
As for keeping the price down, yes I think we are still being manipulated by the short sellers - take today for example, we hit 74c just before close and then in the 10min snap at the close of market and back down to 73- no gain for the day...
Only way to get rid of the shorts is to take the reasons away.... Just check out fmg - with the help of thE short sellers stock went down to below 3$, now around $4.50...
I think the volatility will remain till the fiscal cliff gets sorted, kind of wish I had taken some cash off the table a couple of years ago ( don't we all)..
I will spend some time charting whc against cpl in terms of market cap versus stage of development and see how we compare...
Happy new year to all!!!
- Forums
- ASX - By Stock
- CPL
- Ann: Coalspur Secures US$300 Million Senior Debt
Ann: Coalspur Secures US$300 Million Senior Debt , page-10
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CPL (ASX) to my watchlist
|
|||||
Last
2.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.33M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |