CPL 0.00% 2.2¢ csl finance plc

Ann: Placement to Strategic Investor to Raise $30, page-7

  1. 412 Posts.
    re: Ann: Placement to Strategic Investor to R... JOG,

    Obviously the market loves this announcement. Even though the placement was at .50 c it dosenet matter as far as i am concerned because this investor brings alot of positives to the table, hence the rise in SP.

    Also i beleive you were correct that the chart was pointing to a drop[ in the SP... no offence but that is why i dont look at charts too closely when i am very confident in the fundementals of a company such as this one...

    Also masterstroke in my opinion in that they released this announcement just as the chart was starting to turn..great stuff..these boys are smart operators!!!!! Go CPL!!

    Marvdog
 
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