CMR 0.00% 15.0¢ compass resources limited

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  1. 800 Posts.
    Looks like you were right about the market Oly and unfortunately the last 18 months have been a bad time to hold or buy CMR. Can only say that in hindsight now.

    I remember you telling me that BHP would be cheap around $24 when it was $48. Didn't stop me buying at $43 and $40 on the way down though. Fortunately I have some cash aside to buy BHP and RIO when the time is right but with an average buy in price on CMR of $3.30 it looks like I might just hold them, assume a writeoff and then maybe I will be pleasantly surprised if they crawl there way back to triple figures again.

    I hope you keep posting on this thread because I think there is much wisdom in what you have been saying about where the world market and financial system is heading. Just a bloody shame that CMR couldn't get it's act together before the system started collapsing.
 
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Currently unlisted public company.

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