CPL 0.00% 2.2¢ csl finance plc

Ann: Trading Halt , page-8

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 423 Posts.
    lightbulb Created with Sketch. 36
    The announcement of a cornerstone investor will be very positive for the shareprice...the reason for the weakness in the shareprice on low volumes is the uncertainty about raising capital for the next 9 months work(approx $10 million will be required for that period).The shareprice needed to retreat as well as a cornerstone investor isn't going to pay peak prices to enter the stock.All is looking good and i believe shareholders will have an early christmas present coming to them.Once the placement is out of the way you watch the brokers & their clients jump on board.
 
watchlist Created with Sketch. Add CPL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.