If we do have a bit of a bubble before xmas, hopefully we can set up some support around 30-40 cents now. Ive lost all optimism of late. News of the trial burn might get us going again. But once the 100 day trial is over, what then? Do CSIRO call it a day because they no longer have research to contribute? We need funding to expand, so where is that going to come from? what great news is going to happen for the next year after the trial burn to keep the share price afloat? And that's taking into account the trial burn going off without a hitch. I will resume the foetal position now.
CNX Price at posting:
31.5¢ Sentiment: None Disclosure: Held