phew!!!

  1. 709 Posts.
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    Some Buyers are back...

    At least we didn't close below 20!!!

    Analysts are staying clear of the stock at the minute, many brokers are giving cpl a wide berth - but only because of the volatility.... Patersons were once a big supporter - around the 50's they kept their clients away ... At 20 they are too cautious to jump back in..... Wait till we get some movement or at least when approvals come through - their sentiment will change... They are nervous but for good cause- they backed the stock heavily when management were giving them he story that finance was in the bag- when it wasn't, and then worse, they missed their own deadline and didn't manage the brokers expectations.

    The sentiment tide will turn- but only when milestones are hit... A management change at the top must be on the cards,!!! Surely we need a seasoned "public company" corporate CEO - not to say that the current guys haven't done a good job in a crap market- it's just that they seem short on the investor relations side and strategy... (Then again look at all the seasoned CEO's getting the chop at the minute!!!)

    The current team no doubt will get this to production, but they need to start getting a fan base of solid investors!!! Get one of the majors or an up and coming to take a stake in cpl.. If you don't have the skill- no problem- buy it in!!

    Let's see a balanced approach to investor relations/shareholder wealth vs long term operations...

    Just some random thoughts and opinions-

    Good luck to all




 
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