CMR compass resources limited

todays action so far, page-30

  1. 7,486 Posts.
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    As I said, there is a fine line between piracy and heroism.

    42c is raise the Jolly Roger aaargh

    Go to the MORE REALISTIC 110 ORM pivot and a statue of GT can stand at the place where Zeus's SHOULDAVE been !

    Reckon 110 is half way between the latest "Clayton's" ""valuation"" and Huntleys 175 or so implied ...

    I am not happy with 42c

    I am OK with 110 in spot market macros ... considering I was buying them in support all the way from 160 - 50 (and stopping out all the way apart from the last at 50) ........ 110 is half way

    110 per share is also what CMR ended payuing for its share of the overburden / future uranium plant less about 1 year's depreciation say.

    So yeah ... fair value / real market cosmics / personal / fundamentals all zero in on THAT historic megapivot 110.

    So come on GT/HNC ....... change the colours and UP the ante to a more REALISTIC number ......... 110 !!!!!!!

    Reckon I will be submitting a "nay" for my 3 accounts and hoping my mates will be doing same if we hear nothing more to sway our minds.

    IMBOOC
 
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