CBH 2.60% 7.5¢ coolabah metals limited

pem cbh, page-16

  1. 5,052 Posts.
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    schank, youre wrong. they were 35 cents and shot up 20%. and schank if you want to make a statement then back it up. dont compare CBH with PEM.........i think the CBH SP can go down ? yes, potentially a base around 30 cents level is understandable...but it would find good support here..not 30% as you suggest..in the mid to long term when projects are online would SP be 30 cents ? no way....surely closer to $1 would be fair value....but in view of that, im sure something will transpire with PEM, even if its not a merger then something with CBH should be married up, we speculate. PEM management will be forced to act. If nothing eventuates then you can potentially see a big drop in PEM share price not CBH...CBH have a good pipleline of growth unlike PEM....
 
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