If your a trader or short termer imo be wary atm.
If your an investor with a longer term view well we are imo at the start of some BIG% gains. When is the question but it takes time to start up a successful business and we need CNX to lay the perfect foundations for future success without risk of being left behind. Look at how far they have come with-in a few years and now looking to be the first to generate cash flow(only small though) from selling power in Australia from UCG by Oct - Dec this year. This to me says quality management. The company will only continue to keep growing from here.
Again IPL is investing more money. They would know more than us with the current dealings/discussions with potential partners and future direction etc. IPL must have faith in management and the technology.
CNX is a company for the patient. The fundamentals are good and keep getting stronger.
The SP, well as Warren Buffet says," If a company does well, the share price will eventually follow".
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