CCM 1.75% 5.6¢ cadoux limited

Ann: Mutual Extension to Potential HPA JV Exclusivity Agreement, page-95

  1. 4,111 Posts.
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    What a complete over reaction to a month delay.

    We had a good price run up in anticipation of an announcement, I suspect day traders as well as other “wannabe traders” jumped in hoping to make a quick dollar, then exited en masse when the delay was announced.


    What a buying opportunity, I soaked up a couple of 100k at prices I previously dreamed about, hope to get even more.

    This announcement was more bullish than the previous extension announcement.

    - The Commercial terms are now “in alignment” was “ongoing”

    - “value add initiatives” to enhance & strengthen the position of the JV in the market


    Reading the announcement as a whole, it is very apparent the JV will go ahead.

    I’m not a religious person, but thank God for investors with short term horizons!

 
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