I think the problem for CZI PB is that if it delivered what everyone knows its got in the market we had then they could have taken it a lot higher . There were quite a few smart players positioning themselves thus . In this market we have now if any news you deliver doesn't exceed expectations then you get clobbered . At the same time they had parties who had been buyers turn into sellers because of an overall view that they'd taken on Aus resources stocks .Personally my advice to small companies is to keep any news that you've got under your hat in markets such as this one ,unless you have no short term strategy to get the SP up ,are well funded,and are happy to get it all out of the way.
The fact still remains that their resource value exceeds their cap but because sentiment's changed it could be tough going for a while.
I don't know why the crew on HC latched onto it ,but for whatever reason that sounded the death knell.
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